SCG Packaging EBITDA Margin Surges to 17% in First Half of 2026

Earnings
โดย GuruFocus·TH·Read original
Summary · why it matters

SCG Packaging reported an EBITDA margin of 17% for the first half of 2026, exceeding its target of 14%. Net profit surged 103% year-on-year, driven by strong performance in Indonesia and Vietnam, with the Indonesian unit Fajar turning profitable in the second quarter. The company's debt-to-equity ratio improved to 0.93 times and debt-to-EBITDA fell to 2.6 times, while an interim dividend of THB0.4 per share was approved. Revenue from sales declined 3% year-on-year due to softer volumes, and the fiber business EBITDA dropped 23% amid lower selling prices and Thai baht appreciation. The company is strategically reducing exports to China, which fell to 2% of revenue, and is expanding capacity in Vietnam with a new fully automated box plant.

Impact on stocks 1

Materials · 1 stocks

Off-coverage companies 1

Fajar Surya Wisesa TbkPrivate± Mixed
relevance