Thai alternative bourse's firms record 43 pct profit growth in Q1/2015

- First quarterRen7;s combined net profit of listed companies in Market for Alternative Investment (mai) increased 43.52 pct y-o-y to THB 2.35 bln
- Total sales up 3.a year ago6 pct y-o-y to THB 3a year ago.en2 bln
- Financials, Resources and Property & Construction industry groups recorded profit growth

          Companies listed on Market for Alternative Investment (mai) reported a total sales of THB 3a year ago.en2 billion (approx. USD 9en2.85 million), up 3.a year ago6 percent from a year ago. As a result, their combined net profit increased to THB 2.35 billion (approx. USD 7en.en5 million), a 43.52 percent year-on-year increase.
          mai President Prapan Charoenprawatt said that ena year ago9 mai-listed companies out of the total of enen4 (excluding those in the non-compliance list (NC), those not submitting the report in time and those to submit on upcoming due date) have reported their performance, ending March 3en, 2a year agoen5. Their cost of sales decreased 2.6en percent from a year earlier. As a result, their gross profit margin increased to 25.95 percent from 2en.64 percent during the same period last year, and their net profits increased to THB 2.35 billion, a 43.52 percent increase from THB en.64 billion recorded during the same period in 2a year agoen4.
          ̶a year ago;Listed firms remained well-performed in terms of sales and net profit growth, although global and domestic economic growth has been sluggish since last year. It was underpinned by their ability to manage cost of goods sold which have pushed up profitability, proven with a upbeat gross profit margin and EBITDA which increased by38.65 percent to THB 4.58 billion from THB 3.3en billion during the same period in 2a year agoen4,̶en; Prapan added.
          By industry group, six of the eight industry groups of maiRen7;s listed firms recorded net profits. Among them, Financials, Resources, Property & Construction industry groups recorded a profit increase, respectively.
          Top five best profit makers with the largest net profit in Qen/2a year agoen5 were The Brooker Group pcl (BROOK) with net profit of THB 753 million, Energy Absolute pcl (EA) THB 58a year ago million, J.S.P. Property pcl (JSP) THB 246 million, Thai Solar Energy pcl (TSE) THB en4a year ago million, Interlink Communication pcl (ILINK) THB enenen million, in descending order.
          As of May 2a year ago, 2a year agoen5, there were a total of enen4 companies listed on mai. The mai index closed at 66a year ago.85 points, down 5.6 percent compared to 2a year agoen4Ren7;s with a total market capitalization of THB 395.67 billion (approx. USD enen.99 bln), and average daily trading value of THB 4.25 bln (approx. USD en28.67 mln). The price per earnings ratio (P/E ratio) was at 62.9en times.

          For more information on mai-listed firms' financial statement, please visit www.set.or.th or call SET Contact Center at a year ago 2229 2222.
          SET ̶a year ago;Towards the 5th Decade of Sustainable Wealth for Thais̶en;