KEY POINTS
- mai-listed companies reported Q1/2026 operating results with total sales of THB 51.66 billion, up 3.3 percent, and net profit of THB 2.53 billion, up 25.3 percent year-on-year. The growth was supported by business restructuring among some companies and effective cost management and maintained profitability by others.
mai President Prapan Charoenprawatt stated that 216 listed companies on Market for Alternative Investment (mai), representing 97 percent of the total 222 companies (excluding those in the NC (non-compliance) group, companies with different closing dates for accounting periods, and companies not submitting), have already submitted their Q1/2026 operating results. The results showed total sales of THB 51.66 billion, an increase of 3.3 percent. The cost of sales was THB 38.16 billion, an increase of 3.1 percent, resulting in a slight improvement in the gross profit margin (GPM) to 26.1 percent from 26.0 percent. The selling, general & administrative (SG&A) expenses were THB 9.58 billion, an increase of 2.5 percent, resulting in operating profits of THB 3.92 billion, or 7.8 percent growth, and net profit of THB 2.53 billion, a 25.3 percent rise, reflecting high adaptability. The operating profit margin (OPM) increased to 7.6 percent from 7.3 percent, and the net profit margin (NPM) increased to 4.8 percent from 4.0 percent.
“mai-listed companies in Q1/2026 sustained profit margins well amid economic challenges and shrinking consumer purchasing power. Moreover, companies in some sectors managed costs effectively to secure profitability, while some restructured their businesses to drive sales growth. Notably, the Financials and Services industry groups reported growth in both sales and net profit, while the Agro & Food and Industrials industry groups maintained stable performance. However, some industry groups remained under pressure from weakening consumer purchasing power, particularly the Consumer Products and Property & Construction industry groups,” added mai President Prapan.
On the financial position, mai-listed companies recorded total assets of THB 313.795 billion, an increase of 3.7 percent from end-2025. The debt-to-equity ratio (D/E) is 0.74 times, slightly up from 0.70 times at end-2025.
Currently, there are 229 mai-listed companies (data as of May 25, 2026), and mai Index closed at 214.37 points, with a total market capitalization of THB 208.27 billion, and an average daily trading value of THB 374.93 million.
