Retailer and Wholesaler of consumer products under the name of "MOTHER Supermarket"
| 3M25 | 3M24 | 2024 | 2023 |
|---|
| Revenues | 393.55 | 1,324.16 | 1,252.90 | |
| Expenses | 378.94 | 1,284.39 | 1,220.20 | |
| Net Profit (Loss) | 9.87 | 22.75 | 15.99 |
| Assets | 555.16 | 486.80 | 509.70 | |
| Liabilities | 303.62 | 362.49 | 375.76 | |
| Shareholders' Equity | 251.54 | 124.32 | 133.94 |
| Operating | 16.25 | 63.71 | 66.53 | |
| Investing | -4.86 | 20.34 | -12.56 | |
| Financing | 50.34 | -82.96 | -74.26 |
| EPS (Baht) | 0.04 | 0.11 | 0.08 | |
| GP Margin (%) | 13.21 | 13.00 | 13.28 | |
| NP Margin (%) | 2.51 | 1.72 | 1.28 | |
| D/E Ratio (x) | 1.21 | 2.92 | 2.81 | |
| ROE (%) | 10.72 | 17.62 | 11.94 | |
| ROA (%) | 8.01 | 7.98 | 6.42 |
The growth of total sales will be driven by the growth of sales from existing stores and the growth of sales from newly opened stores. Therefore, continuously increasing the number of branches is a key part of the business plan.
In 2025, the company plans to open 3 new branches and has already opened 1 branch in the second quarter of 2025.
Every year, the company plans to open at least 3 new branches in Krabi, Phang Nga, Surat Thani, and nearby provinces in the south, with an investment budget of no more than 5 million baht per branch for land and building rental, and no more than 10 million baht for land rental and construction.
The company is committed to sustainable business growth by establishing policies and practices for sustainability in both environmental and social dimensions, as follows:
Environmental Management
- Installed solar cell systems at the headquarters, warehouse, and a branch near the municipal office
- Efficiently managed fuel usage for transportation
- Controlled water usage and wastewater from product processing
- Sorted and sold certain types of waste to reduce overall waste and environmental impact
Social Management
- Conducts business with integrity, fairness, ethics, and respect for intellectual property rights
- Selects quality products and provides standardized services
- Supports local communities by selling community-sourced products at branch stores
- Respects human rights and operates responsibly toward all stakeholders
- Participates in community development and welcomes feedback or complaints from affected parties
- The company's primary revenue comes from the sale of essential consumer goods through retail and wholesale channels. Despite the economic slowdown, the company has been able to maintain sales levels in line with the stated targets by continuously opening at least 3 new branches annually.
- The company has a consistent cash flow from sales through its 20 branches daily. This results in the ability to repay loans from financial institutions and increases opportunities to allocate capital for investment in new branches.
In the first quarter of 2025, the company's revenue consisted of:
Sales Revenue totaled 391.12 million baht, divided into:
- Retail revenue totaled 280.79 million baht, a 15.14 percent growth from the same period last year. This growth is from existing stores, driven by an increase in tourists and continued patronage from local customers, and increased sales from the new branch opened at the end of November 2024.
- Wholesale revenue totaled 110.33 million baht, an 11.02 percent growth from the same period last year. This growth comes from sales to hotels and tourism-related businesses.
Service Revenue totaled 1.39 million baht, from consignment services.
Other Income totaled 1.04 million baht, mostly from storefront rental income at branches.
In the first quarter of 2025, the company experienced same-store sales growth (SSSG) of 9.84 percent, driven by a higher number of tourists compared to the same period last year.
Gross Profit The company had a gross profit of 51.86 million baht for the first quarter of 2025, an increase of 6.14 million baht or 13.43 percent compared to the same period last year. The gross profit margin was 13.21 percent, slightly lower than the previous year's 13.26 percent of sales revenue.
Net Profit The company had a net profit of 9.87 million baht for the first quarter of 2025, an increase of 2.37 million baht or 31.60 percent compared to the same period last year, with a net profit margin of 2.51 percent of total revenue.
- In Q1/2025, the company had 20 operating branches (including the head office).
- In 2024, the company had 20 operating branches (including the head office).
- In 2023, the company had 18 operating branches (including the head office).
- In 2022, the company had 18 operating branches (including the head office).
- In 2021, the company had 15 operating branches (including the head office).
- In 2020, the company had 13 operating branches (including the head office).
The company emphasizes proactive risk management, especially in the competitive retail-wholesale sector, through:
- Market monitoring and consumer insight
- Product diversification and brand promotion
- Operational risk control
- Talent retention with incentives and growth opportunities
- Strengthening risk systems with a focus on ESG and emerging risks
First Runner-up Award (2022) – Retail & Wholesale Category, for excellence in adopting Thai software technology, by ATSI
Model Store Award (2023) – Mentor role in the Smart Grocery Store Project, by DBD, Ministry of Commerce
| as of 31/03/25 | MOTHER | SERVICE | mai |
|---|---|---|---|
| P/E (X) | 10.56 | 54.71 | 37.47 |
| P/BV (X) | 0.98 | 1.51 | 1.22 |
| Dividend yield (%) | - | 3.60 | 3.80 |
| 31/03/25 | - | - | |
|---|---|---|---|
| Market Cap (MB) | 240.24 | N/A | N/A |
| Price (B/Share) | 0.84 | N/A | N/A |
| P/E (X) | 10.56 | N/A | N/A |
| P/BV (X) | 0.98 | N/A | N/A |