In terms of dividends received in the 1st quarter of 2024, it was 207 million baht, an increase of 64 million baht from the same period last year. This comes from dividends received from associated companies (SCC holds 20-50% of shares) equal to 114 million baht and from other companies (SCC holds shares less than 20%) equal to 93 million baht.
In terms of capital expenditures and investments for the first quarter of 2024, the value is 9,375 million baht. The investment proportion belongs to the Chemicals business 60%, cement and construction related business 19%, Packaging business 16% and other segments 5. % Most of the capital expenditures and investments are green investments. The projected capital expenditures and investments for 2024 are approximately 40,000 million baht.
while the financial structure is stable It had cash and cash under management at the end of the first quarter of 2024 equal to 78,585 million baht, compared to 68,064 million baht in the previous quarter, and had net working capital of 106,805 million baht, an increase of 10% from the previous quarter. The inventory turnover to cost of goods sold was 70 days, decreased compared to 75 days in the previous quarter.
Q1/67 profits are better than analysts expected.
SCG’s profits for the first quarter of 2024 are better than most brokers expected.
- Dao Securities expects a net profit of 2,000 million baht, down 88% from the previous year’s period.
- DBS Vickers Securities expects a net profit of 1,840 million baht, a decrease of 89 from the previous year’s period.
- Trinity Securities expects a net profit of 1,700 million baht, a 90% decrease from the previous year’s period.
- Krungsri Patanasin Securities expects a net profit of 2,489 million baht, a decrease of 85% from the previous year’s period.
- Asia Plus Securities expects profits to be 2,200 million baht, down 87% from the previous year’s period.
Tags: SCC shows quarter sales soaring billion baht profit million baht
