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    CPALL   TH0737010Y08

CP ALL

(CPALL)
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End-of-day quote Stock Exchange of Thailand  -  2022-08-10
60.00 THB   -2.04%
08/11SET ADDS NEW LISTED SECURITIES : CPALL42C2212G to be traded on August 15, 2022
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08/11CP ALL PUBLIC : Resolution of the Exercise of 34 Derivative warrants issued by FSS
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08/11CP ALL PUBLIC : Resolution of the Exercise of 75 Derivative warrants issued by YUANTA
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SCGC Teams up with CP All-7 Eleven, Partners to Build Thailand's Largest Waste Management Ecosystem

06/29/2022 | 10:51am EDT

Bangkok - SCG Chemicals (SCGC) and CP All-7 Eleven have joined forces with ten major partners to promote 'No Waste Bin' ' to become Thailand's largest waste management network, creating an end-to-end waste management system from upstream to downstream. This network brings together stakeholders to collaboratively address the problem, including educators, waste sorters, material delivery groups, recyclers, collectors, product owners, and packaging manufacturers. The network is ready to establish the 'Green Learning Network,' with the goal of expanding the network to 5,567 CONNEXT ED schools nationwide to reduce waste from the source in all areas.

Niwat Athiwattananont, Chairman of Innovation & Circular Economy, SCGC, said that SCGC has always placed high importance on the circular economy by collaborating with various sectors to implement the circular economy principle in ecosystems. This is to increase resource usage efficiency, minimize waste problems, and mitigate global warming. The 'No Waste Bin' network was developed as part of a waste management ecosystem that adheres to the circular economy principles. To help strengthen the ecosystem, SCGC will insist on two initiatives:

KoomKah, a web-based application that enables all schools to view their own waste management outcomes with point collecting features where waste can be redeemed for money or recyclable product. Through the advantages gained, this will motivate all schools to take part in waste management.

Upcycling Milk Pouches Project. School milk pouches used to be waste that no recyclers bought; therefore, they ended up in landfills. SCGC provides youth with waste management knowledge by converting milk pouches into high-quality plastic resins, utilizing its expertise in material sciences and recycling to convert them into school items. Thus, they can be properly used and serve as real-world examples for young people. With the circular economy network, the program is broadened for further adoption.

(C) 2022 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
CP ALL -2.04% 60 End-of-day quote.1.69%
THE SIAM CEMENT 0.27% 366 End-of-day quote.-5.18%
All news about CP ALL
08/11SET ADDS NEW LISTED SECURITIES : CPALL42C2212G to be traded on August 15, 2022
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08/11CP ALL PUBLIC : Resolution of the Exercise of 75 Derivative warrants issued by YUANTA
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07/14CP ALL PUBLIC : Resolution of the Exercise of 17 Derivative warrants issued by KGI
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07/11CP ALL PUBLIC : Resolution of the Exercise of 11 Derivative warrants issued by KKPS
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07/08CP ALL PUBLIC : Appointment of Chief Executive Officer and approval of the capital increas..
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Financials
Sales 2022 815 B 23 184 M 23 184 M
Net income 2022 16 039 M 456 M 456 M
Net Debt 2022 275 B 7 813 M 7 813 M
P/E ratio 2022 34,0x
Yield 2022 1,40%
Capitalization 539 B 15 326 M 15 326 M
EV / Sales 2022 1,00x
EV / Sales 2023 0,93x
Nbr of Employees -
Free-Float 60,0%
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Number of Analysts 21
Last Close Price 60,00 THB
Average target price 75,03 THB
Spread / Average Target 25,1%
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Yuthasak Poomsurakul Chief Executive Officer
Kriengchai Boonpoapichart Chief Finance Officer, SVP-Accounting & Finance
Soopakij Chearavanont Chairman
Wiwat Pongritsakda Vice President-Information Technology
Chairoj Tiwatmuncharoen Senior Vice President-Operations
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