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News Government spending drives SCG’s cement business growth

Government spending drives SCG’s cement business growth

Written by Global Cement staff 26 October 2018
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Thailand: SCG’s building materials division growth has been driven by government spending. The cement producer said that demand for Ordinary Portland Cement grew by 7% year-on-year in the third quarter of 2018. Its revenue from sales grew by 4% year-on-year to US$4.14bn in the first nine months of 2018. However, its earnings before interest, taxation, depreciation and amortisation (EBITDA) fell by 5% to US$481m.

Last modified on 31 October 2018
Published in Global Cement News
Tagged under
  • Thailand
  • Results
  • SCG Cement
  • Siam City
  • GCW377

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