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Monday, May 6, 2024

SCG anticipates missing this year’s revenue target

SCG plans to continue to invest in the Long Son Petrochemicals complex in Vietnam.

SET-listed Siam Cement Group (SCG), Thailand’s largest cement maker and industrial conglomerate, expects to earn less than its revenue target this year as the firm is struggling to deal with lower sales and the impact of domestic political problems.

The company earlier this year set a target of 10% growth from the 569.6 billion baht it earned last year.

“SCG is likely to miss the target…

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