SCGD anticipating 5% decline in revenue this year

SCG Décor Plc (SCGD), the operator of a decor surfaces and bathroom business, expects its revenue to fall by 5% year-on-year in 2025, attributed to Thailand’s economic slowdown and pressures on consumer purchasing power.

- LAMONPHET APISITNIRAN

The company earned a total of 26.1 billion baht last year, with a net profit of more than 809 million baht.

The sluggish economy in the first half of 2025, coupled with baht appreciation, affected the company’s sales, but the situation should improve in the latter half of this year, said Numpol Malichai, president and chief executive of SCGD.

“We expect revenue from Asean, especially Vietnam, to contribute to total earnings this year” he said.