SCGD Reports Q1 2026 Profit Growth in Thailand

SCG Decor

Thailand: SCG Décor Plc reported first-quarter 2026 revenue of 5.55 billion baht (approximately US$169 million), reflecting a 7% year-on-year decline due to weaker economic conditions in key markets and currency impacts. Despite lower revenue, profit attributable to shareholders increased by 14% to 247 million baht (approximately US$7.5 million), supported by cost control measures and operational efficiency. EBITDA stood at 780 million baht (approximately US$23.7 million), with an EBITDA margin of 14.1%, indicating improved profitability despite ongoing global market volatility.

The company continues to implement a regional optimisation strategy focused on strengthening production efficiency and cost competitiveness. This includes positioning Vietnam as a key production and export base, expanding glazed porcelain tile capacity, and consolidating production operations in Thailand. SCGD is also increasing the use of alternative energy and developing higher-value products to support long-term growth. However, rising energy and transportation costs linked to global geopolitical factors are expected to remain key risks, with the company monitoring inflation trends and adjusting production capacity in line with market demand.

Source: SCG Media