SCC Says Temporary Suspension of COTTO’s Production Lines Not Affecting Operations

The Siam Cement Public Company Limited (SET: SCC) announced on December 1, 2022, that SCG Ceramics Public Company Limited (COTTO) (a subsidiary) has disclosed the information of Temporary suspension of artificial stone production and allowance for impairment of assets and inventory devaluation, with the total value of 848 million Baht, which will be recognized in the operating results for the fourth quarter of 2022.

Due to the shortage of main raw material, this temporary suspension will not significantly affect the company’s operations and the company continues to take care and provide best services to dealers and customers.