SCG Maintains Strong Cash Flow and Drives Low-Carbon Growth in Vietnam

2:06:04 PM | 11/7/2025

According to the press conference held in Bangkok on 30 October 2025, SCG announced a resilient performance in the third quarter of 2025, maintaining strong cash flow despite global economic headwinds. The company reaffirmed Vietnam as a strategic growth market, accelerating low-carbon cement expansion, smart value products, and community empowerment initiatives.

Thammasak Sethaudom, President and CEO of SCG shared that SCG shares the corporate’s strategy for efficiency, innovation, and green growth to drive stable performance

Financial highlights

SCG reported a profit (excluding accounting adjustments) of 616 billion VND (US$ 23 million) and an EBITDA of 11.3 trillion VND (US$ 428 million) in Q3. For the first nine months, EBITDA reached 35.44 trillion VND (US$ 1.34 billion), reflecting strong cash generation. Revenue from sales totaled 96.97 trillion VND (US$ 3.68 billion), down 2% quarter-on-quarter due to seasonality and lower packaging demand.

Strategic focus for resilience

SCG continues to reinforce resilience through four strategies: maintaining financial discipline, optimizing costs, expanding in high-potential markets like Vietnam, and accelerating Smart Value and Green products.

“Our focus on financial discipline and expansion in high-potential markets has built a strong foundation for sustainable growth,” said Mr. Thammasak Sethaudom, SCG President & CEO.

SCG’s member companies - SCG Cement - Building Materials, Binh Minh Plastics and Prime Group - showcased sustainable solutions at Green Building and Green Transport Week 2025

Vietnam: Core market for low-carbon expansion

Vietnam remains a key engine of SCG’s regional growth, generating 25.3 trillion VND (US$ 960 million) in revenue for the first nine months of 2025 slightly lower year-on-year due to market conditions but remaining stable overall. In Q3, SCG successfully resumed operations at LSP amid improving feedstock costs and continued market volatility. Moreover, the group also advanced its ESG 4 Plus commitments - delivering innovation, low-carbon transition, community empowerment, and people development.

Highlights include:

SCG Low-Carbon Cement, SCG Smartboard Ultra, Binh Minh Plastics entire plumbing system and PRIME Flexitech Tiles showcased at the Vietnam Green Building & Green Transport Week 2025 and Vietnam Interior & Building Exhibition 2025.

Environmental Product Declaration (EPD) certification for 19 cement products and Singapore Green Building Product (SGBP) certification for Song Gianh Plant - the first in Vietnam.

Biomass gasifier pilot at Prime Group to replace coal in heat generation.

Binh Minh Plastics recognized among Vietnam’s Top 50 Most Effective Companies and Forbes Vietnam Top 50 Best Listed Companies 2025.

Through its ‘Loving Water for the Future’ initiative, SCG and BMP brings clean water and hope to remote communities - turning sustainability into shared progress for all.

ESG in action

SCG furthered its inclusive ESG programs across Vietnam:

Gia Lai Province: 50 tons of cement donated for housing improvements under the Temporary House Removal Program.

Dong Nai Province: 34,560 meters of pipelines installed to supply clean water to 1,152 households under the “Loving Water for the Future” Program.

Prime Group: Launched an ESG Factory Tour for students to learn about circular-economy practices.

Expanding ceramic products to capture high demand in Vietnam is one of 4 core strategies of SCG

People development and culture

To build future-ready leaders, SCG launched the Management Enrichment Program (MEP) with Duke University, training 40 mid-level managers. The company also conducted ABC and BCD courses - Business Concept programs and employee volunteering activities. Binh Minh Plastics was again named Asia’s Best Place to Work 2025 by HR Asia, marking the fifth consecutive year.

With strong cash flow and innovation, SCG is driving Vietnam’s journey toward a sustainable, low-carbon, and inclusive future.

At SCG, internal growth is the foundation for our strong workplace culture and commitment to community