MAI-listed firms report sales of Bt131.14bn

TUESDAY, MARCH 07, 2017
MAI-listed firms report sales of Bt131.14bn

Companies listed on Market for Alternative Investment (mai) reported sales of Bt131.14 billion in 2016, a 5.35 per cent increase from a year earlier, while their combined net profits dropped by 8.73 per cent to Bt3.89 billion. Six out of eight industries showed revenue and net profit growth.

Mai president Prapan Charoenprawatt said the aggregate amount was from the 131 Mai-listed companies, or 95.62 per cent of the total 137 firms (excluding those in the non-compliance group, and those not submitting the report in time), as of December 31, 2016. 
Among those reporting firms, 95 companies, or 72.52 per cent, reported net profits. The combined sales were Bt131.14 billion, up 5.35 per cent from a year earlier, with gross profit rising to Bt30.25 billion, or 5.71 per cent increase from a year earlier, while total net earnings was worth Bt3.89 billion, down 8.73 percent from 2015.