Listed companies (Co., Ltd.) announced in the Alternative Investment Market (May) the operating results for the first quarter of 2024 with total sales amounting to 54,030 million baht, an increase of 9.2%, and sales costs and selling and administrative expenses by 6.7% and 6.4%, respectively, compared to the same period last year, which led To improve the company's ability to achieve profits in the first quarter of 2024.
28 May 2024 – Mr. Pravan Charoenprawat, Director of Alternative Investment Market (MAI), revealed that 211 companies were listed in MAI, representing 96% of the total 220 companies (not including companies in the group that may be delisted). Or (NC and companies that did not close their balance sheets in a timely manner) delivered operating results. In the first quarter of 2024, 157 companies reported net profits, representing 73% of all companies that filed financial statements.
The performance results for the first quarter of 2024 for Mai Co., Ltd. compared to the same period of the previous year were total sales of 54,030 million baht, an increase of 9.2%, and cost of sales of 39,077 million baht, an increase of 6.7%, resulting in an increase in gross profit of 16.3%. %, sales and administrative expenses increased by 6.4%, resulting in an operating profit of 5,259 million baht, an increase of 40.2%, and a net profit of 4,607 million baht. Baht, with an increase of 76.2%, but the above-mentioned performance results for the first quarter of 2024 are the result of the performance of some listed companies that achieved outstanding performance. The presence of profit items from fair value adjustments for financial assets and digital assets.
“Companies listed on Mai have generally increased sales. Efforts are being made to control costs. Selling and administrative expenses. This makes the overall performance of the first quarter of 2024 for Mai Co., Ltd. achieve better operating results. With the agricultural and food industry groups, the financial business group, the Industrial Products Group, Real Estate and Construction Group, Resource Group and Service Groups with sales and operating profits and net profits are growing,” Mr. Pravan said.
In terms of financial situation, Mai Co., Ltd.'s total assets are 346.672 million baht, an increase of 3% from the end of the year, and the debt-to-equity ratio (debt-to-equity ratio) was 0.78 times, down from the end of 2023 by 0.80 times.
There are currently 221 companies listed on May (information as of May 24, 2024). The May index closed at 382.05 points, the total market capitalization reached 389.014 million baht, with an average trading value of 1.860 million baht per day.
“Reader. Infuriatingly humble coffee enthusiast. Future teen idol. Tv nerd. Explorer. Organizer. Twitter aficionado. Evil music fanatic.”