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News SCG first quarter earnings grow on price increase

SCG first quarter earnings grow on price increase

Written by Global Cement staff 30 April 2019
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Thailand: Siam Cement Group’s (SCG) cement division’s sales grew by 4% year-on-year to US$1.51bn in the first quarter of 2019. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 10% to US$222m. It attributed the growth in earnings on increased cement prices and cost savings. Overall, the group’s sales and earnings fell due to poor performance from its chemicals division.

Last modified on 01 May 2019
Published in Global Cement News
Tagged under
  • Thailand
  • SCG Cement
  • Results
  • GCW402

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