SCG announced the operating performance for the third quarter of 2013, showing increased revenue from sales and better profitability, due to growths in all business units. The company is optimistic for the continual growth of chemicals business. With its confidence in strength economy and sustainable growth of Thailand and ASEAN, SCG moves forwards to expand business in Thailand and the ASEAN region as well as continuously develop High Value-Added (HVA) products and services.

SCG also announced its third consecutive year record of the Global Industry Leader in the Construction Materials industry listed by the Dow Jones Sustainability Indices (DJSI).

To commemorate its 100th anniversary, the company also announced interim dividend of 3 Bt/Share.

Mr. Kan Trakulhoon, President & CEO of SCG, disclosed the unreviewed consolidated financial statements of SCG and its subsidiaries for Q3/2013, which showed Revenue from Sales of 113,859 MB, an increase of 9% y-o-y due to growths in all business units, and an increase of 7% q-o-q. The Profit for the Period registered 9,793 MB, an increase of 53% y-o-y, following the continued recovery of chemicals margins and volume, growths in the domestic cement demand, and the non-recurring gain of 1,701 MB - from the fair investment value adjustment of sanitary ware and fixtures assets, and from the sale of assets to TOTO.

For the first nine month of 2013 (9M/2013), SCG recorded Revenue from Sales of 329,839 MB, an increase of 7% y-o-y with growths in all business units. Profit of the Period increased 71% y-o-y to 28,513 MB.

Even though several parties are concerned with an anticipating slowdown of Thailand and ASEAN economic growth, SCG has confidence in the strength and the sustainable growth of Thailand and ASEAN. Accordingly, SCG remains striving towards driving its business expansion in both Thailand and ASEAN, following its vision of becoming an ASEAN sustainable business leader. Moreover, SCG continues to drive planned investment project in ASEAN such as the cement plant in Indonesia, Myanmar, and Cambodia, and the petrochemical complex in Vietnam.

For the operating results of SCG in ASEAN (excluding Thailand), the Revenue from Sales in 9M/2013 amounted to 28,030 MB, a growth of 22% y-o-y, and representing 9% of SCG's total Revenue from Sales. As of September 30, 2013, total assets of SCG in ASEAN amounted to 63,550 MB, which is 15% of SCG's total consolidated assets.

The total assets of SCG as of September 30, 2013 amounted to 426,560 MB.

The operating results of SCG's major businesses for Q3/2013 were as follows:

  • SCG Chemicals: In Q3/2013, SCG Chemicals recorded Revenue from Sales of 55,831 MB, an increase of 7% q-o-q and y-o-y attributed to higher product prices and sales volume. Profit for the Period registered 3,791 MB, an increase of 44% q-o-q and 67% y-o-y, attributed to improved performance of associated companies.
  • SCG Paper: In Q3/2013, SCG Paper recorded Revenue from Sales of 14,871 MB, an increase of 4% q-o-q and 2% y-o-y, following the acquisition of corrugated container manufacturers and healthy domestic demand for the Packaging Chain. Profit for the Period amounted to 791 MB, down 23% q-o-q and 7% y-o-y.
  • SCG Cement-Building Materials: In Q3/2013, SCG Cement-Building Materials recorded Revenue from Sales of 45,612 MB, an increase of 15% y-o-y and 8% q-o-q, due to consolidating sanitary ware and fittings businesses. Profit for the Period registered 5,368 MB, an increase of 58% q-o-q and 55% y-o-y.

Mr. Kan added that, with its vision to become the ASEAN sustainable business leader, SCG has pursued its investments in the ASEAN region and continuously develop High Value-Added (HVA) products and services. Furthermore, SCG has conducted business in line with the sustainable development concept, by creating a balance of contributions to economy, society and environment. Recently, SCG has been assessed and classified by the Dow Jones Sustainability Indices (DJSI) to be the Global Industry Leader in the Construction Materials industry for the third consecutive year. This recognition reflects SCG's determination to bring the utmost benefits to society, environment, and all stakeholders, as well as efforts to move every sector forward to applying the sustainable development concept for practical use and to extend the sustainable development network in the country and ASEAN

To celebrate the company's 100th of existence with strength, The Board of Directors of SCC has approved the 100 Year Anniversary interim dividend of 3 Bt/Share, amounting to 3,600 MB, and is payable on November 28, 2013 with record date on November 13, 2013 and book closing date on November 14, 2013.



distributed by