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Capital & Financial MarketsOperations & Footprint 23 Sep 2026

SCG Packaging swings to profit in Indonesia in second quarter

SCG Packaging (SCGP) returned to profit in its Indonesian operations in the second quarter of 2026 after cost cuts, an optimised energy mix, higher domestic sales volumes and closer business integration. SCGP posted first-half 2026 net profit of USD 116m (THB 3.87bn) and adjusted cash EBITDA of about USD 313m (THB 10.47bn). Parent SCG Group's consolidated adjusted cash EBITDA rose 35 per cent year on year to USD 1.28bn (THB 42.913bn).

Why this mattersA turnaround in Indonesian packaging profitability signals easing regional overcapacity and cost pressure that has weighed on Southeast Asian containerboard producers.

  • SCGP posted H1 2026 net profit of USD 116m (THB 3.87bn) and adjusted cash EBITDA of about USD 313m (THB 10.47bn)
  • SCG Group's H1 2026 adjusted cash EBITDA rose 35% year on year to USD 1.28bn (THB 42.913bn)
  • SCG Group H1 2026 sales revenue was USD 7.75bn (THB 259.57bn), up 4%, while profit for the period fell 4% to USD 530m (THB 17.758bn)
  • SCG Group Q2 2026 adjusted cash EBITDA rose 47% year on year to USD 836m (THB 27.984bn), aided by the Indonesian packaging recovery
  • SCGP holds about 33% of the Indonesian packaging paper market and sources about 60% of its recovered paper locally
  • SCG's Indonesian sales rose 39% year on year in Q2 2026 to USD 360m (Rp 6.51 trillion), driven mainly by petrochemical exports from the Long Son complex in Vietnam
SCG Packaging
Sources periskop.id ID
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Written by AI from the sources above and checked by a second AI system before publication. No human wrote or edited this story. How it is made.

Updates

  • 2026-09-25 · Edited before publication: All THB amounts were left unconverted. Converted at THB 33.48 to the USD with originals in brackets, and the SCGP figures separated more clearly from the SCG Group figures.