Earnings limited to 9 months -51.1% SET warns about 3 risk groups



[ad_1]

Image from SET, Thailand Stock Exchange (SET)

The Thailand Stock Exchange revealed the first nine months, listed companies profit fell 51.1% to 324,429 million baht Be on the lookout for the ‘Bank’ group with bad debts – the burden of setting aside the ‘transport-travel’ group has yet to be recovered.

Mr. Manphong Senanarong Deputy Manager, Head of Issuing Division The Thailand Stock Exchange (SET) It revealed that 697 listed companies (listed) or 94.3% of the total 739 companies (excluding group companies that are subject to possible exclusion or NC companies that cannot modify their operations as scheduled or NPG real estate funds. Infrastructure Funds) Present the operating results for the first nine months of 2020 and the third quarter of 2020 ending on September 30, 2020, it was found that listed companies reported net profits for a total of 483 companies, representing 69 , 3% of the company. E. Submit all financial statements

Performance in Q3 2020 improved over the previous quarter with total sales of 2,495,389 million baht, an increase of 8.6%, a core operating profit of 216,831 million baht, an increase of 46.2%. and a net profit of 137,576 million baht. 24.4% and improved profitability, with a gross profit margin of 23.5% of 22.2%, a basic profit margin of 8.7% of 6.5% and a profit margin. Net profit margin of 5.5% from 4.8% The performance of the listed company is in line with the Real GDP Growth Rate in 3Q / 2020 of 6.5% compared to the previous quarter. According to the report of the Office of the National Council for Economic and Social Development

“Measures to prevent the spread of the COVID-19 virus The relaxed environment helped almost all listed companies to recover better. Sales and net profit improved from the previous quarter. Especially food groups Medical supplies In addition, some were found companies in the electronics business category have expanded into digital business (digital platform), data warehousing and online database management (cloud storage and data center) meeting a new way of life ( New normal) also grows. For businesses, they need to be closely monitored, that is, the financial sector, which has a higher burden of provisioning for bad debts. And businesses that depend on foreign tourists, such as the transport and tourism and leisure sectors.Manpong said.

However, the impact of the oil price war and the COVID-19 epidemic. Has presented the operating results for the first nine months of 2020, the listed company has total sales of 7,539,285 million baht, a decrease of 15.1%, with a basic profit of 494,119 million baht, a 28.4 % less and Net profit was 327,429 million baht, a decrease of 51.1% over the same period last year. Gross margin decreased from 21.3% to 20.5%, basic operating margin decreased from 8.4% to 5.4%, and net profit margin decreased from 7.8% to 3.7% for the financial position of the entity at the end of the year. Quarter 3/2020 Thai listed companies have continued to increase their liabilities. Causing the debt-to-equity ratio (not including financial industry) increased to 1.63 times, an increase of 1.35 times the same period last year.

In terms of operating results of listed companies on the mai stock market in the first nine months of 2020, total sales of 121,613 million baht, a decrease of 8.5%, with a core operating profit of 4.64 billion baht, a decrease of 5.6%. And a net profit of 2,613 million baht, a decrease of 69.4% over the same period last year.

SET 9M20 performance 1 SET 9M20 performance 2



[ad_2]