Mai PLC Q1 2025 Sales: 50.432 Billion Baht
- The Market for Alternative Investment (MAI) in Thailand, with 216 listed companies out of 224 total, experienced a decrease in total sales for the first quarter of 2025.
- Gross profit also saw a decrease of 3.3% to 13.066 billion baht, while operating profit fell by 30.6% to 3.381 billion baht.
- While total sales decreased, Praphan noted that 114 companies, or 53% of those submitting financial statements, experienced sales growth compared to the previous year.
MAI PLC’s Q1 2025 sales reveal a landscape of contrasts: While the MAI Stock Exchange saw a 4.6% drop to 50.432 billion baht, a closer look uncovers pockets of strength.Remarkably, 53% of listed companies actually grew their sales, and a strong 70% reported net profits. This signals a mixed performance for the primarykeyword, with sectors like agriculture and food, alongside the secondarykeyword of technology, showing resilience. Gross profit also dipped, but the fact remains that over half the listed firms are achieving sales growth, offering a nuanced perspective. The report highlights that the completion of contracted projects and losses impacted overall figures. News Directory 3 will continue to follow the MAI’s trajectory closely in the coming months. Discover what’s next for the rest of 2025.
MAI Stock Exchange Sees Sales Dip in First Quarter of 2025
Updated june 5, 2025
The Market for Alternative Investment (MAI) in Thailand, with 216 listed companies out of 224 total, experienced a decrease in total sales for the first quarter of 2025. Praphan Charoenbiot, manager of the MAI Stock Exchange, revealed that total sales amounted to 50.432 billion baht, a 4.6% decrease from the previous year’s 37.366 billion baht. this decline highlights challenges in the current economic landscape, impacting the overall financial performance of companies listed on the exchange.
Gross profit also saw a decrease of 3.3% to 13.066 billion baht, while operating profit fell by 30.6% to 3.381 billion baht. Net profit totaled 1.756 billion baht. The MAI’s gross profit margin (GPM), operating profit margin (OPM), and net profit margin (NPM) all decreased compared to the same period last year. Despite the overall decline, some sectors showed resilience, contributing positively to the exchange’s performance.
While total sales decreased, Praphan noted that 114 companies, or 53% of those submitting financial statements, experienced sales growth compared to the previous year. Moreover, 151 companies reported net profits, accounting for 70% of the reporting companies. The MAI’s financial performance reflects a mixed bag, with some companies thriving while others face challenges.
“The Company’s performance in the first quarter of 2025, although the total sales decreased, it was found that there were 114 companies with sales growth compared to the previous year… Some of them have decreased significantly and have a high proportion of the impact compared to the consolidated performance of all companies,” Praphan said.
Several factors contributed to the overall decline, including the completion of contracted projects and losses from fair value adjustments of financial and digital assets. Though,agriculture and food,consumer goods,service,and technology sectors managed to maintain sales growth,demonstrating their strength in the current market. The MAI’s total assets stand at 334.631 billion baht, with a debt-to-equity ratio of 0.79, the same as at the end of 2024, indicating a stable financial position.
What’s next
The MAI index closed at 241.75 points with a market capitalization of 237.703 billion baht as of May 29, 2025. The average daily turnover is 548 million baht. investors and analysts will be closely watching the MAI’s performance in the coming quarters to see if it can rebound from the Q1 sales dip and capitalize on the growth sectors.