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Siam Chemical's sales revenue drops

 Last Update: 2022-08-24
 Source: Internet
 Author: User

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A few days ago, Thailand's Siam Chemical said that sales revenue in the second quarter of this year fell 24% year-on-year to 34.
7 billion baht (about 1.
1 billion US dollars), due to lower product prices

Siam Chemical's earnings before interest, tax, depreciation and amortization (EBITDA) was 6.
8 billion baht, up 67% year-on-year, due to higher sales volumes and improved product margins

In the second quarter, Siam Chemical sold a total of 491,000 tons of polyethylene (PE) and polypropylene (PP), an increase of 70,000 tons from the previous quarter

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