According to a bourse filing on The Stock Exchange of Thailand on April 26, 2023, the Siam Cement Public Company Limited (or “SCC”) hereby submits the 1) unreviewed interim consolidated financial statements, and 2) management discussion and analysis (MD&A) for the period of Q1/23, ended March 31, 2023. Details of the operating results are as follows:
For the period of Q1/23, consolidated revenue from sales decreased 16% y-o-y to Baht 128,748 million, mainly from lower sales volume and product prices of Chemicals business. Consolidated profit for the period registered at Baht 16,526 million, increased 87% y-o-y mainly from the one-time gain from fair value adjustment from the merger between SCG Logistics Management Co., Ltd. and SCGJWD Logistics Public Company Limited in Q1/23, amounting to Baht 11,956 million, in spite of lower sales volume of Chemicals business and lower equity income from associates as well as higher energy cost.
As of March 31, 2023, consolidated total assets amounted to Baht 923,725 million, an increase of Baht 17,235 million from the year ended 2022.
