Thai company reports 34 per cent growth in revenues

Wednesday, May 12, 2021 07:40

A solar energy system installed by SCG. — Photo Courtesy SCG Vietnam

Thai conglomerate SCG reported revenues of VND8.2 trillion (US$356 million) for the first quarter, a 34 per cent year-on-year increase.

The results were driven by higher sales by its chemicals business, the company said.

It was also driven by seasonal improvements in its cement-building materials business and higher contributions from its packaging business because of active downstream portfolio expansion and a diverse customer base.

SCG Packaging has been helping authorities in Hai Duong Province tackle COVID-19, donating 100 paper beds to field hospitals.

In other charity works, ‘SCG Sharing the Dream Scholarship,’ its 14-year-old flagship programme, has funded over 5,000 students nation-wide.

It provides financial aid to students and shares knowledge in communities about sustainability, ethics and leadership. — VNS

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