Sign up | Log in



Home  >>   Daily News  >>   Thailand News  >> Capital Markets  >> Thai listed companies net earnings up 7.22 pct in 2013
NEW UPDATES Asean Affairs  7 March 2014  

Thai listed companies net earnings up 7.22 pct in 2013   

-    2013 net profits up 7.22 percent y-o-y to THB 789 billion

-    Sales up 4.89 percent y-o-y to exceed THB 10 trillion for the second year running

-    PTT, PTTEP, SCB, KBANK and SCC are top five best profit-makers
BANGKOK, March 6, 2014 – Companies listed on The Stock Exchange of Thailand (SET) reported a net profit of THB 789 billion (approx. USD 24.44 billion) during January-December 2013, up 7.22 percent from a year earlier, despite slow recovery of the global economy and Thailand’s sluggish economic growth.

The aggregate earnings were compiled from 491 listed firms, or 96.84 percent of the 507 companies listed on SET (excluding those in the non-compliance and non-performing groups), for the whole calendar year of 2013. Of the reporting firms, 415 companies, or 84.52 percent of the total, made net profits.

Total sales of the 491 companies rose 4.89 percent to THB 10.98 trillion (USD 340 billion), the second consecutive year that annual sales reached above THB 10 trillion. The top five firms, in descending order of absolute amounts of profits, were PTT pcl (PTT), PTT Exploration and Production pcl (PTTEP), Siam Commercial Bank pcl (SCB), Kasikornbank pcl (KBANK), and Siam Cement pcl (SCC).

In addition, gross profit margins rose to 18.44 percent in 2013 from 17.64 percent a year earlier, while net profit margins increased to 7.19 percent, from 7.03 percent. Debt to equity ratio (excluding those in the financial industry) remained low, at 1.24 times.

"2013 performance of listed companies remained strong, although the slower-than-expected global economic recovery affected upstream product prices in the Energy, Petrochemical, Steel, Agricultural, and Food sectors, and caused foreign exchange losses in some sectors. However, companies in Financials, Property, some businesses in services – Commerce, Hotels, Media and Publishing – and Information and Communications Technology, benefited from urban expansion, risk diversification, and industrial structural change, thus boosting their profits from a year earlier,” said SET Executive Vice President Chanitr Charnchainarong.

"Contracted consumption and private investment from the second half of last year weighed down sales and profits growth in the third and fourth quarters. The slowdown was shown in the Manufacturing, Services, Property, and Financials sectors. However, Food and Electronics sectors reported rising growth, reversing the overall performance, as global economic recovery boosted exports," Chanitr added.

By industry group, the top three best performers with highest net profit in 2013 were Financials, Resources, and Property and Construction, in descending order. By sector, Energy & Utilities, Banking, and Information & Communication Technology were the top three best profit makers in terms of absolute amounts, with a combined THB 469.42 billion net profit, accounting for 59.47 percent of total net profit of reporting listed firms, while sales of the three sectors accounted for 54.15 percent of the total.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                             March 7, 2014 Subsribe Now !
• Indian businessman appeals Thai King for his deportation order Subcribe: Asean Affairs Global Magazine
• Thai listed companies net earnings up 7.22 pct in 2013
• AirAsia X Set Record Sales in a Single Campaign!
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Stratpoint COO Elected to PSIA Board
• US-ABC, USAID Launch US-ASEAN Business Alliance for Competitive SMEs
Asean Analysis                    March 7, 2014
• Asean Analysis March 7, 2014
Indians spent almost USD 67 million on personal care appliances in 2013: GfK
Advertise Your Brand

Asean Stock Watch    March 7, 2014
• Asean Stock Watch-March 7, 2014
The Biweekly Update
• The Biweekly Update  March 7, 2014

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand