SCGD operates as the holding company through subsidiaries and associates. SCGD produces and distributes Decor Surfaces, Bathroom, and Complementary products such as tile adhesive and grout, kitchen worktops, and doors and windows, both domestically and internationally. These products are provided under well-known brands both in Thailand and overseas for example, "COTTO," "SOSUCO," and "CAMPANA" in Thailand, "PRIME", "PREMIER" and "BENETILE" in Vietnam, "MARIWASA" in the Philippines, and "KIA" in Indonesia. SCGD has various distribution channels, including dealer networks, modern trades, owned stores that directly sell products to customers, and export.
| 3M26 | 3M25 | 2025 | 2024 |
|---|
| Revenues | 5,679.32 | 6,081.09 | 23,129.90 | 26,140.91 |
| Expenses | 5,279.51 | 5,669.97 | 21,489.44 | 24,584.02 |
| Net Profit (Loss) | 246.34 | 216.67 | 931.79 | 809.88 |
| Assets | 37,219.92 | 39,428.89 | 36,587.87 | 39,823.15 |
| Liabilities | 17,342.22 | 18,786.53 | 17,130.69 | 19,117.26 |
| Shareholders' Equity | 18,413.41 | 19,073.34 | 17,993.26 | 19,130.06 |
| Operating | 278.92 | 472.86 | 3,368.88 | 3,110.11 |
| Investing | 11.19 | -220.54 | -1,535.33 | -1,730.04 |
| Financing | -81.70 | -210.30 | -2,299.81 | -2,329.97 |
| EPS (Baht) | 0.15 | 0.13 | 0.56 | 0.49 |
| GP Margin (%) | 26.39 | 26.54 | 27.44 | 25.52 |
| NP Margin (%) | 4.24 | 3.57 | 4.01 | 3.13 |
| D/E Ratio (x) | 0.87 | 0.91 | 0.88 | 0.92 |
| ROE (%) | 5.13 | 4.00 | 5.02 | 4.00 |
| ROA (%) | 4.26 | 2.00 | 4.30 | 2.00 |
As leader in Decor Surfaces and Bathroom businesses in ASEAN, SCGD implemented the following strategies:
- Expand Bathroom business in ASEAN. The Company generated over 141 million Baht revenue from regional Bathroom representing an increase of 14% YoY and 4% QoQ.
- Fortify leading position in Decor Surfaces by launching an innovative GLOW tiles under PRIME brand as well as bringing out the products under COTTO and PRIME brands to attend COVERING 2026 in the United States of America.
- Expand Complementary products and services. The Company generated Revenue of 114 million Baht, an increase of 6% YoY.
- Grow New product categories in Thailand to diversify the portfolio, with total sales of 244 million Baht, an increase of 21% YoY and 17% QoQ.
- SPC (owned production) sales volume was 320,000 square meters, an increase of 11% YoY, with costs competitive against imported products from global players.
The Company has established Sustainable Development policies as
follows: Economic Focuses on creating value, responding to the needs and expectations of all stakeholder groups. Social Conducts business ethically, treats employees fairly and equally, strives to ensure maximum safety at work, and upholds social responsibility. Environmental Committed to preserving the environment and climate, and maintaining ecological balance sustainably, with a target to reduce greenhouse gas emissions by 25% by 2030 (from 2020) and aiming for net-zero carbon emissions by 2050.
The key investments are a part of competitiveness enhancement and are aligned with Regional Optimization strategy to support sustainable growth:
- Technology and Machinery Upgrade Project with automation system to expand Glazed Porcelain tile capacity at PRIME Pho Yen in Vietnam a total investment approximately 660 million Baht to convert an existing ceramic tile to a glazed porcelain tile line with a capacity of 6.6 Mil Sqm/year to support growing domestic demand and export globally leveraging PRIME cost advantage. Upon completion, PRIME will have total Glazed porcelain capacity of 33.4 Mil Sqm/ year or 40% of total production capacity. Completion is expected by Q2 2027.
- Consolidation of Ceramic and Glazed Porcelain Tile Production Lines and Installation of a New Glazed Porcelain Tile Production Line with automation system in Thailand a total investment budget approximately 957 million Baht to relocate production lines from multiple plants into one location, enabling more efficient production capacity. This will result in lower unit production costs, reduce manufacturing and administrative expenses, and improved productivity. In addition, the project will enable capability to produce variety of larger sizes Glazed Porcelain to meet market demand and to strengthen its profitability and enhance its competitiveness against imported products. Upon completion, SCGCE’s total ceramic and glazed porcelain tile production capacity in Thailand will be 44.5 Mil Sqm/ year, which is an appropriate capacity level aligned with market demand. Completion is expected by Q3 2027.
In Q1, the Company reported a profit attributable to owner of the company of 247 MB, an increase of 14% YoY and 31% QoQ, with a profit margin of 4.2%. EBITDA was 780 MB, decreased 3% YoY but increase 5% QoQ. EBITDA on Sales at 14.1%, improved YoY and remaining similar to the previous quarter. Sales revenue was 5,552 MB, an increase of 5% QoQ, but a decrease of 7% YoY.
ฺBiomass usage is 25% after installation of Hot Air Generator at NKIE reducing energy costs by 12 million Baht annually.
Solar energy usage is 13.6% of total electricity utilization.
Due to the unrest in the Middle East, the company's export proportion to the Middle East is less than 1% of total export sales. The company has planned to address the impact of fluctuating energy price risks as follows:
- Increasing usage of alternative energy
- Raising safety stock levels and discuss with key suppliers to ensure supply of critical raw materials to mitigate risks from logistics and price volatility.
- Engaging with logistics partners to manage and mitigate fluctuations in energy-related transportation costs.
- Enhancing production efficiency and managing regional production optimization, while closely controlling operating expenses in line with sales levels.
- Revisiting and prioritizing the CAPEX and cancel and delay investment projects with limited returns
- Considering appropriate product price to reflect increasing cost
- Influential Top Brand Awards: COTTO; PRIME
- Most Admired Brand from BrandAge: COTTO
- COTTO received a Zero Waste to Landfill Platinum Level Certificate from MASCI organization
- SOSUCO received STAR CSR Award 2026 - Operation Excellence
- Siam Sanitary Fittings received a Carbon Footprint certificate from the Thailand Greenhouse Gas Management Organization
| as of 31/03/26 | SCGD | CONMAT | SET |
|---|---|---|---|
| P/E (X) | 8.68 | 14.73 | 16.56 |
| P/BV (X) | 0.45 | 0.76 | 1.36 |
| Dividend yield (%) | 6.94 | 3.86 | 4.41 |
| 31/03/26 | 30/12/25 | 30/12/24 | |
|---|---|---|---|
| Market Cap (MB) | 8,085.00 | 7,788.00 | 7,920.00 |
| Price (B/Share) | 4.90 | 4.72 | 4.80 |
| P/E (X) | 8.68 | 9.46 | 9.04 |
| P/BV (X) | 0.45 | 0.43 | 0.42 |
