Listed companies (Ltd.) report operating results for the 9-month period of 2023. Overall revenue and net profit decreased than the previous year. It was pressured by the energy business and petrochemical and chemical products. While excluding the energy business Petrochemicals and Chemicals Co., Ltd. will have stable operating results. with positive factors from the banking business group tourism and technology
Mr. Manphong Senanarong, Deputy Manager, Head of Securities Issuer Division The Stock Exchange of Thailand revealed that there are 815 listed companies (Ltd.), accounting for 97.26% of a total of 836 companies (including SET and mai that are due to submit financial statements at the end of the period on 30 September 2023, and excluding real estate mutual funds. Infrastructure Fund) submitted operating results for the 9-month period of 2023. It was found that 614 companies reported net profits, accounting for 73.27% of all companies that submitted financial statements.
Operating results for the 9-month period of 2023 compared to the same period last year, companies in the SET had sales of 12,729,782 million baht, a decrease of 3.4%. Production costs decreased by 2.9%, while selling and administrative expenses increased. increased by 5.8%, which resulted in the company having a profit from core operations of 1,249,191 million baht and a net profit of 740,814 million baht, a decrease of 16.0% and 10.6%, respectively, for the financial position of the business as of 30 September 2023. Thailand has a debt-to-equity ratio or D/E ratio (excluding the financial industry) at 1.55 times, down from 1.58 times in the 9-month period of 2022.
“Overall performance has weakened in both sales and net profits. It is affected by oil prices and the slowdown of the foreign economy. which has a negative impact on the energy business Petrochemicals and Chemicals Including businesses that export. If such businesses are not included. Overall, operating results were stable. There is a positive factor from the banking sector, which grows in line with higher interest rates. The insurance business is recovering from the COVID situation. Tourism business from the opening of the country and technology businesses that have high demands in the digital age,” Mr. Manpong said.
In terms of operating results of companies listed on the Market for Alternative Investment (mai), for the 9-month period of 2023, compared to the same period last year, there were total sales of 145,338 million baht, an increase of 1.2%, production costs of 107,737 million baht, a decrease of 0.3. % Selling and administrative expenses were 28,319 million baht, an increase of 13.4%, resulting in an operating profit of 9,282 million baht and a net profit of 5,479 million baht, a decrease of 12.9% and 35.0%, respectively.
2023-11-24 10:47:00
#9month #period #company #weak #operating #results #Affected #falling #oil #prices #slowing #economy