Bangkok: SCG has reported robust cash flow for the third quarter of 2025, despite facing significant economic challenges. Profit, excluding inventory revaluation and business restructuring items, reached 774 million baht. However, there was a loss of 669 million baht for the nine-month period. Cash flow (EBITDA) remained strong at 44,511 million baht. The company anticipates that global and Thai economic difficulties will persist until 2026 and has accelerated efforts to enhance its competitive potential through four main strategies.
According to Thai News Agency, SCG’s President and CEO, Mr. Thammasak Sethaudom, highlighted that the global and Thai economies in Q3 2025 were under pressure from the trade war, US import tariffs, and the ongoing Russia-Ukraine conflict. Additionally, the appreciation of the baht by 5%, the highest in four years, has negatively impacted exports, investment, tourism, and domestic consumption. The IMF forecasts global GDP growth to slow to 3.2% and 3.1% for 2025 and 2026, respectively, with Thailand’s GDP growth projected at only 2% in 2025, below the ASEAN average, potentially slowing to 1.6% in 2026.
SCG has been proactively adjusting its strategies since last year to address these economic challenges. The company has focused on maintaining financial discipline, reducing costs, consolidating production, and developing products to meet diverse market needs. These efforts have resulted in strong cash flow and stable business performance.
In Q3 2025, SCG recorded strong cash flow (EBITDA) of 14,191 million baht and a profit of 774 million baht, excluding losses from inventory revaluation and business restructuring items. Sales revenue was 121,793 million baht, a 2% decrease from the previous quarter. The Cement and Green Solutions business posted a profit of 1.583 billion baht, and SCG Decor reported a profit of 305 million baht. SCG Smart Living and SCG Distribution and Retail reported a profit of 60 million baht, while SCGC faced a loss of 3.999 billion baht. SCGP, however, reported a profit of 953 million baht, with the ASEAN packaging market showing signs of recovery.
For the first nine months of 2025, SCG’s cash flow (EBITDA) was 44,511 million baht, a 15% increase year-on-year. Profit reached 17,767 million baht, a 159% increase, while sales revenue was 370,870 million baht, a 3% decrease. SCG has continued to strengthen its financial position with decreased working capital and net debt, as well as reduced finance costs.
Despite the fragile and unpredictable global economy, SCG is confident in its rapid adaptation strategy, evidenced by strong operating results and EBITDA. The company is ready to implement four key strategies to strengthen its business and navigate the prolonged global economic slowdown.
The first strategy focuses on maintaining financial discipline, managing cash flow, and reducing costs using AI and Robotics. The second strategy involves centralizing production to reduce redundancy and improve asset management efficiency across ASEAN businesses. The third strategy targets the Vietnamese market as a new production base. Lastly, the fourth strategy aims to expand the product portfolio to meet consumer demand amid the economic slowdown.
SCG continues to develop innovative products, such as low-carbon cement and advanced construction materials, to enhance its competitiveness. The company anticipates ongoing challenges but remains confident that its strategic measures are on the right track, providing a strong foundation for its business.