Bangkok, August 25 – Listed companies on the mai market reported cumulative operating results for the first six months of 2023 with total sales of 95,183 million baht, an increase of 1.3%, while operating profits of 5,550 million baht, a decrease of 14.1. % due to higher selling and administrative expenses 14.5%

Mr. Praphan Charoenprawat, manager of the Market for Alternative Investment (mai), revealed that 200 companies listed on mai accounted for 97% of all 207 companies (excluding companies in the group that are subject to possible delisting or NC and companies whose statements are not closed. exact installment) submitted for operating results, with the 6-month cumulative period of 2023 found that 135 listed companies reported net profits, representing 68% of all companies that submitted financial statements.

mai's performance in the first half of 2023 compared to the same period last year had total sales of 95,183 million baht, an increase of 1.3%, and cost of sales of 71,014 million baht, a decrease of 0.3%, with the company able to control costs well. As a result, gross profit margin (GPM) increased from 24.2% to 25.4%. However, due to a 14.5% increase in selling and administrative expenses, operating profit decreased 14.1% to 5,550 million baht. e. had a total net profit of 1,503 million baht, a decrease of 70.9%, because in the first half of 2023 there was a record of loss from special items and impairment of one company worth 1,999 million baht, while the same period last year A profit from the sale of one company's power plant was recorded at a total value of 1,423 million baht. Excluding the aforementioned large extraordinary items, mai's net profit in the first half of 2023 decreased by 26.7%.

As for the results of the second quarter of 2023, listed companies had total sales of 47,028 million baht, a decrease of 2.0%, cost of sales of 35,173 million baht, a decrease of 2.9%, resulting in an increase in gross profit margin from 24.5% to 25.2%. Selling and administrative expenses increased by 15.6%, resulting in a 35.1% drop in operating profit compared to the same period last year.

“In the first half of 2023, although most listed companies have increased sales. but increasing selling and administrative expenses Due to economic activities returning to normal and increasing staff expenses. both wages and manpower As a result, operating profit decreased. Operating profit and net profit include agriculture and food industry. technology group and the financial business group," said Mr. Praphan.

While financial status, mai has total assets of 325,293 million baht, an increase of 4.0% from the same period last year. And has a debt-to-equity ratio (D / E ratio) at 0.80 times, down from 0.82 times in 2022.

Currently, there are 207 listed companies in mai (data as of August 24, 2023). The mai index closed at Level 481.94 points, total market capitalization (market capitalization) was 484,408.17 million baht, average trading value 2,599.47 million baht per day. – Thai News Agency

Source: Thai News Agency