“MC Group” is confident that the fiscal year 2024 performance will continue to be a new high. After closing the fiscal year 2023, showing a profit of 644 million, an increase of 32.5%, exceeding the set target. Moving forward with the strategy of joining hands with partners to build strength
Mr. James Richard Amatavivat, Chief Executive Officer of MC Group Public Company Limited or MC, a retail business organization. Fashion and lifestyle products category “McJeans” revealed the operating performance trend for fiscal year 2024 that it will continue to grow from last year. The company will carry out the strategy as planned. To be able to grow in the double digits. In addition, the fact that Thailand has a new government after the selection of the 30th Prime Minister has been completed. It is expected that the government will have various measures. came out to stimulate the economy together with the company Still continuing to expand sales points to make the McJeans brand more comprehensive and accessible to customers. as much as possible
“The company aims that in fiscal year 2024, operating results will grow from the previous year by 10-17% through the business strategy that has been laid out. Including joining hands with business partners. to build strength and is considered a new opportunity In doing business, such as holding hands and selling laughs Presenting an exclusive collection After its release, it received very good feedback. This is considered another factor that supports the bright results of the first quarter of fiscal year 2024,” said Mr. James.
For the Company’s operating results, fiscal year 2023 (1 July 2022 – 30 June 2023) is considered a successful year. Grow beyond the target of 20% growth and continue to reach record highs. The company had a net profit of 644 million baht, an increase of 158 million baht or 32.5% compared to the same period last year with a net profit of 486 million baht, with a net profit margin of 17.4%, higher than the previous year which was 16.5%. Maintaining a high gross profit margin of 64.8%, the company had total merchandise sales revenue of 3,670 million baht, an increase of 747 million baht or 25.6% from the same period last year.
Mr. James Richard said that MC still maintains the status of the company. that pays dividends to shareholders at a rate higher than the policy or pay almost 100% of net profits continuously Shareholders who invest in MC shares will receive a dividend return of more than 5-6% continuously. In the fiscal year 2023, the board of directors resolved to approve the payment of dividends for the second half of the operating results, another share per share. 0.36 baht, making the whole year the company Paid dividends to shareholders totaling 0.81 baht. In the first half of the year, dividends were paid at 0.45 baht per share, or dividends were paid at a rate of nearly 100% of net profits. ) on 2 Nov. 2023
As of 30 June 2023, the Group has cash and money equivalents.
2023-09-12 04:50:00
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