SCGD confident of returning to profit in Q3 2026, supported by Vietnam and the Philippines

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SCGD is confident that its operating results for the third quarter of 2026 will swing back to a profit, after the impact of extraordinary items in the previous quarter has passed. This is supported by the Vietnam and Philippines markets, which continue to recover, while the Thai and Indonesian markets remain sluggish. The company expects full-year 2026 net profit to be flat or only slightly lower than the previous year. Its financial position is strong, with cash of over 9 billion baht, and it plans to invest 2.4 to 2.5 billion baht to enhance production efficiency and reduce long-term costs. This includes a project to restructure its production base in Thailand from four factories down to two, which will help cut costs by an average of 380 million baht per year.

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SCG Decor PCL
SCGD
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Company expects return to profit in Q3 2026 and plans cost-cutting factory restructuring.