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Siam City Cement Group (SCCC) Reports Strong Q3 2024 Performance with 79% Net Profit Growth
Published on 15/11/2024
» Siam City Cement Group (SCCC) announced an impressive Q3 2024 financial performance, showcasing a substantial YoY net profit surged by 79% to THB 790 million and YoY EBITDA growth at 15%. This growth is driven by lower input costs, successful cost-control measures, efficiency improvements under the Group’s “FIT+” initiative, and a strong recovery in key markets, including Vietnam and Sri Lanka.
Scepticism about Trump tax plan keeps stocks in check
Business, Published on 01/05/2017
» Recap: Cautious optimism over the US President Donald Trump's radical tax reform and concern about global trade and "America First" policies kept investors' appetite for risky assets in check last week. Concerns about an uptick in bad loans at large banks and the arrival of the XD season triggered a selling spree in the Thai stock market.
Mixed economic signals keep Asian shares drifting
Business, Published on 03/04/2017
» Recap: Asian investors continued to tread cautiously last week amid mixed economic signals. Better-than-expected US economic growth data and solid industrial output readings from China and Japan bolstered sentiment, but a hawkish view on interest rates by some US Federal Reserve governors and uncertainty about President Donald Trump's tax reforms and spending plans after his healthcare fiasco pressured stocks. In Thailand a buying spree by foreign investors helped boost the index but profit-taking capped gains.
Full integration helps STA stretch its reach
Business, ShareInvestor, Published on 11/09/2015
» Sri Trang Agro-Industry Plc (STA) is the world's largest fully integrated natural rubber company and listed on both the Thai and Singaporean stock exchanges. Executive director Veerasith Sinchareonkul discusses the company's strategy and outlook.