SCG posts Q3 sales revenue of Bt11.5 billion

Breaking News November 01, 2018 13:43

By The Nation

SCG, a Thai-owned Southeast Asian conglomerate, reported third quarter revenue from sales of more than VND8.1 trillion (Bt11.5 billion), a year-on-year increase of 18 per cent.

The company said in a press release issued on Thursday that the revenue mainly came from its chemicals business, adding that over the past nine months, its revenue from sales in Vietnam stood at VND22.65 trillion.

The LSP Petrochemicals Complex Project, SCG’s latest key venture, was progressing as planned, with engineering design, machinery and equipment procurement and site preparation for construction works already commenced, the company said. Located in the southern province of Ba Ria-Vung Tau, the $5.4 billion-project was slated for completion in 2023, SCG said.

SCG has continued to support young Vietnamese footballers through the SCG Street Football competition in Ha Noi and HCM City which attracted more than 140 teams. The final will be held in the capital this month.

Late last week, SCG also opened a playground for Long Son 1 Primary School in Long Son Commune in Ba Ria-Vung Tau Province, following the first two playgrounds at the same location in 2017.

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