SCGP expects revenue to reach B100bn
published : 27 Jan 2021 at 04:00
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SCG Packaging Plc (SCGP) expects its revenue will increase to 100 billion baht this year through a combination of merger and acquisition and organic growth strategies after racking up 92.78 billion baht in revenue in 2020.
This year, the company has increased its investment budget to 20 billion baht from 10 billion last year as it seeks to expand business in the global market, a move that will help it achieve the goal.
SCGP chief executive Wichan Jitpukdee said yesterday SCGP is negotiating with 2-3 foreign companies under its merger plan and hopes to conclude the deals soon.