SCG CEMENT-BUILDING MATERIALS VIETNAM LIMITED LIABILITY COMPANY

SCG CEMENT-BUILDING MATERIALS VIETNAM LIMITED LIABILITY COMPANY (CBMV) is a wholly Thai-owned enterprise under the umbrella of SCG Cement-Building Materials Co., Ltd, a leading conglomerate in Thailand's construction materials industry. Operating in Vietnam since 2016, CBMV is headquartered in Quang Binh Province and focuses primarily on the wholesale and distribution of cement and other building materials, with branch offices in Da Nang and Ho Chi Minh City.

Despite being a relatively young entity, CBMV has experienced significant financial volatility. In 2022, the company generated over USD 179 million in sales, but this sharply declined to USD 114.96 million in 2024, reflecting a 36% decrease over two years. The company also swung from a net loss of USD -1.6 million in 2023 to a modest profit of USD 280,747 in 2024, suggesting early signs of operational recovery.

However, CBMV’s equity base remains thin, at just USD 725,363, and working capital is minimal at USD 133,830. While total assets doubled in 2024, reaching USD 18 million, such growth must be weighed against past losses and the relatively fragile capital position.

Under the leadership of Nopporn K., a Thai national serving as General Director, the company continues to expand its footprint in Vietnam’s construction supply chain. Yet, the sector remains highly competitive and price-sensitive, especially during periods of declining infrastructure investment and fluctuating cement demand.

To fully assess the creditworthiness and risk exposure of SCG CEMENT-BUILDING MATERIALS VIETNAM LIMITED LIABILITY COMPANY, clients and partners are encouraged to obtain the full due diligence report via VANGUARD BUSINESS INFORMATION LLC (VNBIS). The report offers in-depth insights into the company's liabilities, market strategy, and long-term financial stability.