Abstract
mai-listed companies reported a 7.7 percent increase in sales for the first half of 2024, reaching THB 104.30 billion. Operating profit rose by 44.8 percent, with 152 companies reporting net profit. The mai index closed at 329.40 points with a market capitalization of THB 337.94 billion as of August 23, 2024.
Strong Performance of mai-listed Companies in the First Half of 2024
Companies listed on the Market for Alternative Investment (mai) showed a robust performance in the first half of 2024, with total sales reaching THB 104.30 billion, a 7.7 percent increase year-on-year. Despite higher costs, efficient management led to a remarkable 44.8 percent year-on-year jump in the first-half operating profit.
Improvement in Profitability and Financial Position
mai President Prapan Charoenprawatt stated that 96 percent of the 212 mai-listed companies submitted their operating results for the January-to-June period of 2024, with 72 percent reporting net profit. Operating profit and net profit surged by 44.8 percent and 80.5 percent, respectively, while the debt-to-equity ratio reduced to 0.76 times. Sales growth was seen in almost all industry groups, enhancing profitability and improving financial position for mai-listed companies.
