“SGP Aims for 12% Revenue Growth and 4.05 Million Tons LPG Sales in 2023”

Stock dimensions – SGP Confident that this year’s performance will meet the target Projecting the first curve of the year for LPG delivery according to the contract

SGP or Siam Gas and Petrochemicals by Mrs. Jintana Kingkaew, Deputy Managing Director and Chief Financial Officer, revealed that the company aims for this year’s revenue of about 1.1 billion baht, growing about 12% and having LPG sales of about 4.05 million tons, about 12.40% growth, divided into 0.86 million tons in the country, growing 7%, the rest is abroad, distributed in China, Vietnam, Singapore, Malaysia after the COVID-19 that has been resolved in many countries, especially China. causing sales to increase

Pin sales this year 1.1 billion baht.

In the first half of 2023, growth is expected to meet the target. Reflected from LPG sales volume in Q1/23 and the first curve of Q2/23 Able to deliver LPG according to the contract. As a result, at present, domestic sales grow 5% YoY average and foreign sales (Offshore Trading) grow 12-15% average.

Set an investment budget of 500 million baht.

The company has set an investment budget of about 500 million baht this year, divided into about 200 million baht for domestic business expansion and about 300 million baht for overseas business expansion to expand gas tanks in Penang. Malaysia and expanding investment in Vietnam

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