The Siam Cement Public Company Limited (SET: SCC) has announced its 1Q25 consolidated financial statement through the Stock Exchange of Thailand as follows:
Quarter | 1Q25 | 1Q24 |
Net Profit (Loss)
Million Baht |
1,098.85 | 2,424.86 |
Earning Per Share
(Baht) |
0.9200 | 2.0200 |
% Change | -54.68 |
During the first quarter of 2025, SCC reported a net profit of THB 1,099 million, representing a decrease of 55% from THB 2,425 million seen in the same period last year. Meanwhile, the figure showed a turnaround to net profit from a net loss of THB 512 million in 4Q24.
The improvement on a quarterly basis was attributed to internal efforts and efficiency improvements at all Business Units, which was also aided by an increase in seasonal demand at Business Related to Cement and Construction Materials, as well as better performance at SCG Chemicals (SCGC) and SCGP.
Revenue from Sales registered at THB 124,392 million, representing a decrease of 5% QoQ, mainly from lower sales volume at SCG Chemicals (SCGC) particularly from LSP (Vietnam).
The company’s EBITDA remained robust at THB 12,889 million, marking a 15% decrease from the previous quarter, which had been bolstered by a seasonal dividend from SCG Investment. Conversely, EBITDA from operations showed strength, climbing 22% quarter-over-quarter to THB 11,752 million, driven by improved performance across all business segments.