mai Co., Ltd. reports operating results for 2023, total sales of 200,181 million baht.
Bangkok: Nai Mai Co., Ltd. reported operating results for 2023 with total sales of 200,181 million baht, an increase of 2.1%, cost of goods sold increased by 0.5%, along with increased sales and administrative expenses. 13.4%, causing operating profits to decrease by 10.2%, found in the agriculture and food industry group - real estate and construction group - financial business group There were operating results growing in both sales and profits. Mr. Praphan Charoenprawat, Manager of the Market for Alternative Investment (mai), revealed that there are 207 companies listed on mai, accounting for 96% of a total of 215 companies (not including companies in the group that fall under the criteria). May be revoked or NC and companies that do not close their budgets in time) submit operating results. In 2023, there were 148 companies that reported net profits, accounting for 72% of all companies that submitted financial statements. The annual operating results for 2023 of mai Co., Ltd. compared to the previous ye ar had total sales of 200,181 million baht, an increase of 2.1%, cost of sales of 147,987 million baht, an increase of 0.5%, causing the gross profit margin (GPM) to increase from 24.9%. was 26.1%. However, the increase in selling and administrative expenses by 13.4% resulted in the company having an operating profit of 12,186 million baht, a decrease of 10.2%, and a total net profit of 5,901 million baht, a decrease of 35.1. % 'In 2023, more than half of the companies had increased sales. In line with the policy of opening the country But from the increase in sales and administrative expenses that increased according to economic activity. while financial costs are increasing This causes the profit rate of the company to decrease. There are 3 industrial groups that continue to grow in both sales. Operating profits and net profits include the agricultural and food industry groups. Real estate and construction group and financial business groups,' Mr. Praphan said. In terms of financial status, mai Co., Ltd. has total assets of 339,046 million baht, an increase of 10.11% from the end of 2022, with a debt-to-equity ratio (D/E ratio) of 0.79 times, decreased from the end of 2022 at 0.81 times. Currently, there are 215 listed companies in mai (information as of March 7, 2024). The mai index closed at 409.80 points. The total market capitalization was 414,235.76 million baht, with an average trading value of 2,017 million baht per day. -516-Thai News Agency Source: Thai News Agency