SCC Q2 2026 profit surges to 11.5 billion baht, beating expectations, but Q3 likely to slow

Earnings

โดย สำนักข่าวอีไฟแนนซ์ไทย·Read original

Summary · why it matters

The Siam Cement Public Company Limited, or SCC, reported a second-quarter 2026 net profit of approximately 11.5 billion baht, up 85 percent from the previous quarter and 41 to 48 percent above market expectations. The result was driven by a recovery in the petrochemical business SCGC, where product price spreads widened, higher sales volumes at packaging business SCGP, and improved selling prices in the cement and building materials segment, along with dividend income and share of profit from associates totaling more than 5.994 billion baht. However, most brokers warn that the third quarter of 2026 will slow down, due to the absence of seasonal extra income, a sharp contraction in petrochemical spreads starting in July, and plant maintenance shutdowns that will pressure sales volumes, while the domestic property market has yet to recover. Most brokers maintain a buy recommendation, with target prices ranging from 290 to 332 baht.