Reference
·Primary source
SCG Packaging (SCGP) revenue (2020-2025)
THB 124.4B (2025)
SCG Packaging (SCGP: SET), the regional packaging-and-fibres champion spun out of SCG in October 2020, reported THB 124.37 billion in 2025 revenue, a -6.33% decline from THB 132.78 billion in 2024. 2024 itself had been a +3% YoY recovery year, but 2025 was hit by softer global containerboard prices, weaker fibres (Phoenix Pulp, Vina Kraft) realisations, and pricing pressure across SCGP's Vietnamese/Indonesian regional footprint. Net profit fell 30% YoY in 2024 to THB 3,699 million as cost inflation outpaced revenue recovery; 2025 margin pressure deepened the profit decline.
Figure in context
SCG Packaging (SCGP: SET), the regional packaging-and-fibres champion spun out of SCG in October 2020, reported THB 124.37 billion in 2025 revenue, a -6.33% decline from THB 132.78 billion in 2024. 2024 itself had been a +3% YoY recovery year, but 2025 was hit by softer global containerboard prices, weaker fibres (Phoenix Pulp, Vina Kraft) realisations, and pricing pressure across SCGP's Vietnamese/Indonesian regional footprint. Net profit fell 30% YoY in 2024 to THB 3,699 million as cost inflation outpaced revenue recovery; 2025 margin pressure deepened the profit decline.
Interpretation notes
What this tells you
SCG Packaging (SCGP: SET), the regional packaging-and-fibres champion spun out of SCG in October 2020, reported THB 124.37 billion in 2025 revenue, a -6.33% decline from THB 132.78 billion in 2024. 2024 itself had been a +3% YoY recovery year, but 2025 was hit by softer global containerboard prices, weaker fibres (Phoenix Pulp, Vina Kraft) realisations, and pricing pressure across SCGP's Vietnamese/Indonesian regional footprint. Net profit fell 30% YoY in 2024 to THB 3,699 million as cost inflation outpaced revenue recovery; 2025 margin pressure deepened the profit decline.
What not to do with it
Values in THB billion. 2020 was a partial post-IPO year (IPO October 2020); the 124.2 reported in 2021 was the first full-year listed figure.
Related figures
Adjacent numbers that add context without drowning the value.
Thailand paper and pulp sector revenue (2020-2024)
Federation of Thai Industries Paper Industry Club, Thai Paper Industries Association, SCG Packaging annual reports, Mordor Intelligence packaging sector report
Thailand HS 47-48 paper and pulp exports (2020-2024)
Thai Customs Department HS-47 and HS-48 export records, Trading Economics, Phoenix Pulp and Paper supplier registers, Statista quarterly export tracker
Thailand paper and pulp production mix by segment
Federation of Thai Industries Paper Industry Club, SCG Packaging segment reporting, Thai Paper Industries Association, Mordor Intelligence
Thailand eucalyptus plantation area
Royal Forest Department, Forest Industry Organisation, SCG Packaging fibre disclosures, World Rainforest Movement historical record
Thailand EU PPWR Regulation impact (paper sector)
EU Regulation 2025/40, SGS Thailand regulatory note, European Commission environment portal, Greenberg Traurig legal analysis
Phoenix Pulp & Paper output
Phoenix Pulp & Paper, SCG Packaging fibres segment reporting, Panjiva shipment tracker, Australia Anti-Dumping Commission exporter briefing