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

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

Written by Global Cement staff 11 August 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.

Published in Global Cement News
Tagged under
  • Thailand
  • Siam Cement
  • Profit
  • Results
  • GCW518

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