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SCG records higher profits in 2020 despite COVID-19 constraints


SCG records higher profits in 2020 despite COVID-19 constraints
09:54 | 04/02/2021
The global pandemic could not keep down SCG
According to its report, SCG’s Revenue from businesses outside of Thailand, together with export sales from Thailand registered VND129.784 trillion ($5.64 billion), in 2020, or 42 per cent of total revenue from sales, higher than the 41 per cent in the previous year.
As of December 31, 2020, the total assets of SCG amounted to VND576.952 trillion ($25.1 billion), while the total assets of SCG in ASEAN (excluding Thailand) amounting to VND218.374 trillion ($9.5 billion) which is 38 per cent of SCG’s total consolidated assets.
Based on its fourth quarter 2020 report, SCG in Vietnam owned VND111.044 trillion ($4.83 billion) worth of total assets, an increase of 50 per cent on-year, mainly generated by its chemicals business. The company s revenue from sales in the fourth quarter was VN ....

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