Abstract
Mai President Prapan Charoenprawatt reported that 213 out of 220 mai-listed companies submitted their financial results for the nine-month period of 2024, with 71% reporting net profits. Sales grew by 5.9% to THB 155.84 billion, resulting in stronger profit growth. Total assets increased to THB 329.23 billion.
Strong Performance of mai-listed Companies in 2024
Mai President Prapan Charoenprawatt revealed that 213 out of 220 mai-listed companies have submitted their financial results for the nine-month period of 2024, with 151 companies reporting net profits. Total sales for these firms reached THB 155.84 billion, marking a 5.9 percent year-on-year growth, while costs of sales and SG&A expenses rose at slower paces. The overall profitability remained strong, with improvements in gross profit margin, operating profit margin, and net profit margin compared to the previous year.
Financial Position and Market Performance
The mai-listed companies also reported total assets of THB 329.23 billion, showing a 4.0 percent increase from the end of 2023, with a debt-to-equity ratio remaining unchanged at 0.78 times. As of November 22, 2024, there were 220 mai-listed companies with the mai index closing at 322.57 points, a total market capitalization of THB 311.81 billion, and an average daily trading value of THB 1.55 billion.
