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SCT shifts focus to non-US markets

SCT Co Ltd (Siam Cement Trading) is to shift its focus to the Middle East, Africa and southern Europe, to reduce the pressure on its export income which has been threatened by the strong baht against dollar.

Kalin Sarasin, managing director of SCT, said that while this will reduce the pressure of the baht appreciation, the strategy will also cushion any impacts on the company from any economic downturn in the United States.

In the first half of this year, SCT's total revenue rose 38 per cent year on year to Bt23.7 billion.

Kalin attributed the increase to the expansion of its product variety and more penetration in overseas markets.

SCT expects its annualised revenue to reach Bt47 billion, or 25 per cent up from last year.

- The Nation

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SCT shifts focus to non-US markets

SCT Co Ltd (Siam Cement Trading) is to shift its focus to the Middle East, Africa and southern Europe, to reduce the pressure on its export income which has been threatened by the strong baht against dollar.

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