The Siam Cement Public Company Limited (SCC) has reported its 2Q21 consolidated financial statement through the Stock Exchange of Thailand as follows;
SCC reported a net profit in 2Q21 at 17 billion baht, increased 82.61% from a net profit of 9.3 billion baht in 2Q20. The increase was mainly due to improved chemicals product spreads and equity income while EBITDA rose +39% YoY from higher chemicals product spreads and dividend from associates.its strong revenue from sales of 133,555 million baht in the quarter, representing an increase of 39% YoY from higher chemicals selling prices.
In addition, SCC announced an interim dividend payment of Bt8.50/share to be paid on August 27, 2021. The ex-dividend date is August 13, 2021.