SCC confident EBITDA this year will top 55 billion baht, buoyed by weaker baht

EarningsCorporate Action
โดย Thunhoon·Read original
Summary · why it matters

The Siam Cement Public Company Limited, or SCC, expects that normalised cash flow from operations excluding extraordinary items, or adjusted cash EBITDA, in 2026 will grow beyond the original target of 55 billion baht, after the first half already reached 42.9 billion baht. This is supported by the baht weakening to 33.78 per dollar, which helps lift gross margins from overseas revenue that accounts for more than 40 percent of total revenue. Meanwhile, full-year revenue is expected to grow from last year's 516 billion baht, driven by higher selling prices in the petrochemical segment and expanding demand in the packaging segment. On the collaboration between SCGC and PTTGC to combine their olefins and polyolefins businesses, clarity is expected in the third quarter of 2026, with a possible new subsidiary being set up for joint ownership to create a strong national champion at the regional and global levels. In addition, SCC is accelerating its business transformation through medium-term strategies, such as the project to increase ethane gas feedstock at the LSP plant in Vietnam, where construction of the ethane storage tank is more than 60 percent complete and operations are expected to begin by the end of 2027.

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SCG Chemicals Public Company Limited (SCGC)Private▲ Positive
Capitalrelevance

Potential merger with PTTGC to create a national champion, expected clarity in Q3 2026.

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