SCG Packaging Poised for Strong 2Q Earnings

Dow Jones
07/10

0239 GMT - SCG Packaging is poised to deliver strong 2Q earnings, UOB Kay Hian analyst Benjaphol Suthwanish says in a note. The Thai packaging solutions provider's sales volume likely rose thanks to stronger demand in Indonesia and Vietnam. Sales in Thailand are also expected to remain broadly stable. UOB KH expects SCG Packaging's 2Q net profit to be at 2.06 billion baht, up 31% on quarter and 104% higher on year. The brokerage raises its target price to THB39.00 from THB31.00, while maintaining a buy rating. Shares closed at THB28.25.(amanda.lee@wsj.com)

 

(END) Dow Jones Newswires

July 09, 2026 22:39 ET (02:39 GMT)

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