MAI firms set earnings record | Bangkok Post: business

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MAI firms set earnings record

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Companies listed on the Market for Alternative Investment (MAI) reported historic highs for sales and earnings in 2012, with net profit rising 22.1% and sales increasing 13.71%. 

Aggregate sales and net profit reached 107.90 billion and 5.87 billion respectively, said MAI president Chanitr Charnchainarong.

Some 80% of the 84 MAI-listed companies reported net profits in 2012. These firms had gross profit margins of 19.51%, similar to last year, although the cost of products and services swelled 14.41%.

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