Siam Cement Group’s sales and profit rise in first half of 2021

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Thailand: Siam Cement Group (SCG) recorded first-half consolidated sales of US$7.66bn in 2021, up by 27% year-on-year from US$6.05bn in the first half of 2020. The group’s profit for the period more than doubled to US$1.16bn from US$500m. This was despite a 21% rise in its cost of sale to US$5.79bn from US$4.79bn. The company ends the period with total current liabilities of US$5.38bn, up by 11% half-on-half from US$4.84bn at 31 December 2021.


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