SCC stock gained 3.31 percent as Q2 earnings recovery deepened

Published on 10/07/2026 at 02:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SCC stock's H1 revenue reached THB 259.57 billion, up 4 percent year over year. Q2 adjusted cash EBITDA rose 47 percent to THB 27.984 billion.

SCC, TH0003010Z04, Illustration mit AI erstellt.

SCC (ISIN TH0003010Z04) was last at THB 250 on the SET on October 6, 2026 at 4:37 p.m. ICT, up 3.31 percent from the previous session. The Siam Cement's latest earnings picture shows H1 2026 revenue of THB 259.57 billion, up 4 percent year over year, while adjusted cash EBITDA increased 47 percent to THB 27.984 billion in Q2 2026, according to Quartr in its July 23, 2026 earnings summary.

H1 revenue reaches THB 259.57 billion

The earnings profile improved across the first half of 2026. Quartr reported H1 adjusted cash EBITDA of THB 44.092 billion, up 35 percent year over year, while net profit attributable to owners reached THB 17.758 billion.

The comparison matters because SCC is recovering from pressure in its chemicals operations while keeping cement and packaging earnings in the growth mix. H1 gross profit reached THB 49.788 billion, and net debt fell by THB 39 billion, with net debt to EBITDA improving to 3.7 times, according to Quartr.

Rayong restart supports chemicals recovery

SCC also resumed operations at its Rayong Olefins plant on September 17, 2026, after securing non-Middle Eastern feedstock. The facility has olefins capacity of 1.35 million tonnes per year, while SCC targets combined utilization above 80 percent with its Map Ta Phut plant, as Kaohoon International reported.

Krungsri Securities maintained a Buy rating and a 2027 target of THB 315 in the same September 2026 assessment. That view depends on feedstock management, the Long Son expansion and a planned ethane project, while the earnings summary describes higher energy and freight costs as pressure points for H2 2026.

Analyst consensus stays Neutral

The consensus on Investing.com is Neutral across 19 analysts, with 9 Buy ratings, 4 Hold ratings and 6 Sell ratings. The average 12-month target is THB 242.85, compared with a high estimate of THB 332 and a low estimate of THB 162, according to Investing.com.

SCC stock trades below its yearly high

SCC stock was last at THB 250 on the SET on October 6, 2026. The 52-week range was THB 163 to THB 272, market capitalization was THB 300.0 billion, and volume reached 5,398,584 shares.