SCGP sees 15% hike in revenue target

Quick Summary:

SCG Packaging Plc (SCGP), a Thai operator in the fully-integrated packaging chain in Southeast Asia, maintains its revenue target is projected to increase by 15% year-on-year to 150 billion baht in 2024, driven by growing demand for packaging products in Vietnam.

"The influx of inexpensive products from China into Asean countries, including Thailand, poses a challenge to our business.

The company also expects to see growing demand for its products in the healthcare and medical sector.

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Article Details

Category: EconomyBusiness

Markets: ThailandChinaIndonesiaIsraelVietnam

Topics: Anticipates Year Wichan Business Scgp Packaging Products Increase Revenue Billion Baht

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-24 @ 07:15:00 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 357 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 21757242

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