SCGC Acquisition and Expansion Strategy
SCGC: FY2022 financials: half-on-half comparison
Unit: MB
FY2022
H1/22
H2/22
.
Revenue
236,587
135,951
100,636
(-0.8% y-o-y)
•
EBITDA(1)
17,745
(-57% y-o-y)
15,875
1,870
Equity Income
4,928
(-57% y-o-y)
2,997
1,931
Net Profit
5,901
(-80% y-o-y)
7,292
-1,391
Notes:
1.
EBITDA including dividend from associates.
2. 2022 EBITDA margin of 3% was calculated from EBITDA from operations.
Key Drivers
H2 sales value was affected by price deterioration from
global uncertainties, while full-year volume achieved of 2.5 MT.
•
•
H2 EBITDA was affected by naphtha volatility and squeezed margins.
Supported by strong HVA portfolio
Associates were somewhat affected by the global downturn.
Non-conventional business proved to be resilient, achieving
+100% y-o-y of profits from renewable energy-related sector.
H2 performance affected by the cyclical industry downturn,
but supported by equity income from the associates' business model.
P.63
SCGC SCGView entire presentation