SCGP’s 2Q21 Earnings Rise 19% from Organic Growth, Offering a Bt0.25 Dividend Payment

SCG Packaging Public Company Limited (SCGP) has announced its 2Q21 consolidated financial statement through the Stock Exchange of Thailand as follows;

SCGP reported a net profit of 2,263 million baht in 2Q21, increased 18.86% compared to a net profit of 1,904 million baht in 2Q20.

SCGP’s 2Q21 performance, total revenue from sales registered 29,895 million baht, an increase of 38% YoY mainly due to the business expansion from organic growth and M&P, while EBITDA was 5,564 million baht, an increase of 9% YoY with an EBITDA margin of 19%. Profit for the period registered 2,263 million baht, an increase of 19% YoY, with net profit margin of 8%.

 

The Board of Directors of SCGP has approved a 1H21 interim dividend payment of 0.25 Baht/Share (1,073 million baht), which is payable on 25 August 2021 (XD-date on 9 August 2021, and record date on 10 August 2021).