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Business Overview

Business Highlight 2020
Consolidated revenue from sales decreased 9% from the previous year to 399,939 Million Baht largely from lower chemical prices and sales volume. However, consolidated EBITDA decreased slightly by 1% from the previous year to 74,600 Million Baht, thankspartly to the continuous cost & efficiency improvements seen in Cement-Building Materials business. Profit for the year registered at 34,144 Million Baht, an increase of 7% from the previous year from better performance in all businesses despite the effect from COVID-19.

  Cement-Building Materials Business  
Revenue from sales was at 171,720 Million Baht, decreased 7% from the previous year due to COVID-19 pandemic and challenging economic environment. However, EBITDA was 21,591 Million Baht, an increase of 3% from the previous year and Profit for the year was 6,422 Million Baht, an increase of 18% from the previous year as a result of continuous efficiency improvements and lower production cost. The business continues to reinforce its strength in ASEAN by maintaining leadership in Construction Solutions, Living Solutions, and Active Omni-channel retail to fulfill customers’ needs. Digitization is also used to streamline as well as enhance the operations.

  Chemicals Business  
Revenue from sales registered at 146,870 Million Baht, a decrease of 17% from the previous year, mainly from lower product prices and lower sales volume from planned Map Ta Phut Olefins (MOC) turnaround in Q4/20. EBITDA was 30,965 Million Baht, a drop of 4% from the previous year from lower dividends from associates. Nevertheless, Profit for the year increased to 17,667 Million Baht or 14% from the previous year as a result of higher chemicals product spreads. The Chemicals Business continues to develop Higher-value-added products and solutions, particularly those that are geared towards circular economy, in order to enhance sustainability for the benefit of customers as well as stakeholders in the value chain.

  Packaging Business  
Revenue from sales was 92,786 Million Baht, increased 4% from the previous year. EBITDA was 16,884 Million Baht, increased 11% from the previous year. Net profit was 6,457 Million Baht, increased 23% from the previous year. This was attributed to SCGP’s diversified customer portfolio in FMCG, food and beverages, personal hygiene and E-Commerce industries, as well as synergy value realization from merger and partnership with companies in Thailand and Indonesia. Moreover, SCGP continues to execute its packaging solutions strategy to respond to customer needs with innovative and aesthetic packaging products, implement effective cost management measures, and adhere to the principle of sustainable development under ESG concept.

EBITDA registered at 5,462 Million Baht and profit for the year was 3,862 Million Baht. This was attributed to the operating results of Investment Business that recorded EBITDA inclusive of dividend from associated companies of 3,234 Million Baht and profit for the year of 4,790 Million Baht after deducting general and administrative expenses.