SCG Packaging Public Company Limited (SET: SCGP) has announced its 2021 consolidated financial statement through the Stock Exchange of Thailand as follows;
| Yearly | 2021 | 2020 |
| Net Profit (Loss) Million Baht |
8,294.37 | 6,457.48 |
| Earning Per Share (Baht) | 1.93 | 1.95 |
| % Change | 28.45 | |
SCGP reported a net profit of 8,294 million baht in 2021, increased 28.45% from a net profit of 6,457 million baht in 2020.
SCGP’ s FY2021 revenue from sales reported at 124,223 million baht or increased by 34% YoY driven by growth of consumer packaging products in the integrated packaging chain, an increase of revenue portion from foodservice packaging, and continuous business expansion from organic and merger & partnership (M&P) investments. EBITDA delivered at 21,150 million baht (+25% YoY) with EBITDA margin of 17%.
In FY2021, SCGP’ s net cash flow generated from operating activities amounted to 7,501 million baht including the operating cash flows of 9,748 million baht and tax payment of 2,247 million baht. Cash flows generated from operations consisted of profit for the year adjusted by items such as depreciation and amortization, tax expense, and change in operating assets and liabilities.
In consideration of the FY2021 financial performance, the Board of Directors has proposed for shareholder approval at the Annual General Meeting (AGM), a full year 2021 annual dividend payment of 0.65 baht per share, of which 0.25 baht per share was previously paid as an interim dividend on 25 August 2021. The final dividend payment of 0.40 baht per share will be on 25 April 2022, record date of 7 April 2022, and XD-date of 5 April 2022.
