BANGKOK, March 12, 2021 – Companies listed on Market for Alternative Investment
(mai) reported combined sales of THB 166.88 billion (approx. USD 5.42 billion)
in 2020, down 7.2 percent from a year earlier.
Their core operating profit rose 8.3 percent to THB 6.44 billion in 2020, while aggregate net profit declined
63.0 percent to THB 3.37 billion due to COVID-19 pandemic impact. However, the recovery gathered steam in H2/2020.
- – Operating profit up 8.3 pct to THB 6.44 billion
- – Total sales down 7.2 pct to THB 166.88 billion
- – Earnings of mai-listed firms continued to rebound in Q4/2020
mai President Prapan Charoenprawatt said that 169 mai-listed companies,
representing 95 percent of the total 177 firms (excluding those in the
non-compliance group or NC, those using different accounting period, and those
not submitting the report in time), submitted the 2020 financial reports, ended
December 31, 2020. A total of 114 companies, accounting for 67 percent of those
submitted the yearly earnings, showed net profits.
mai-listed companies’ combined sales decreased to THB 166.88 billion, or…