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Trades about 7% below its sector, cheaper than its peers on earnings.
Founded in 1969 and headquartered in Bangkok, Thailand, Siam City Cement Public Company Limited (SCCC) is a leading player in the Thai construction materials sector. The company, along with its subsidiaries, is involved in the manufacturing, importing, exporting, and sale of a diverse array of cement and related building products. Its operations are organized into key divisions: Cement, Concrete and Aggregate, Trading, and Light Building Material. Under the renowned INSEE Cement brand, SCCC offers various cement types, including portland, hydraulic, mixed, and masonry. The INSEE Concrete line encompasses a wide range of specialized concretes, such as conventional, pumping, waterproofing, and sulfate-resistant formulations. For mortars, the INSEE Mortar brand provides solutions for plastering, brick laying, floor leveling, and tile applications, among others. Additionally, the company produces blocks, lintels, and panels under the INSEE SUPERBLOCK brand. Beyond these core offerings, SCCC supplies ready-mixed concrete and aggregates, alongside other construction materials and lightweight concrete products. The company also extends its services to industrial waste disposal, alternative fuel provision, raw material trading, and industrial cleaning. Furthermore, it generates electricity through waste heat recovery and offers both technical and information technology management and development services.
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