The Company operates its core business as an importer, manufacturer, and distributor of products in the food, diversified industries, and beauty & healthcare sectors. These products are sourced from countries around the world and are also manufactured under the Company’s own brands.
| 2025 | 2024 | 2023 | 2022 |
|---|
| Revenues | 2,309.72 | 2,137.29 | 2,071.77 | 2,040.18 |
| Expenses | 2,122.18 | 1,998.05 | 1,913.07 | 1,982.06 |
| Net Profit (Loss) | 139.68 | 90.18 | 113.77 | 9.40 |
| Assets | 1,239.03 | 1,289.42 | 1,232.13 | 1,320.56 |
| Liabilities | 586.62 | 666.95 | 615.83 | 734.04 |
| Shareholders' Equity | 652.41 | 622.48 | 616.29 | 586.52 |
| Operating | 183.49 | 92.79 | 251.18 | -4.93 |
| Investing | -28.48 | -26.36 | -19.38 | -21.19 |
| Financing | -165.45 | -56.01 | -232.05 | 22.16 |
| EPS (Baht) | 0.23 | 0.15 | 0.19 | 0.02 |
| GP Margin (%) | 21.99 | 21.34 | 21.76 | 21.49 |
| NP Margin (%) | 6.05 | 4.22 | 5.49 | 0.46 |
| D/E Ratio (x) | 0.90 | 1.07 | 1.00 | 1.25 |
| ROE (%) | 21.91 | 14.56 | 18.92 | 1.48 |
| ROA (%) | 14.22 | 10.72 | 12.15 | 4.40 |
- Develop and secure new products that respond to customers’ diverse need
- Conduct research and development products under its own brand and tap into new markets as well as enhancing the Company’s information technology efficiency
- Expand customer base that covers clients across sectors in food industry
- Develop the beauty and healthcare business to gain widespread recognition and create opportunities to expand the business network across ASEAN countries.
Winner Group Enterprise Public Company Limited is committed to and acknowledges the importance of sustainability development and management. The company has defined practice guidelines that take into account economic, social and environmental issues, covering respect for human rights and good corporate governance. The goals are to become a leading one-stop food company in all distribution channels and to set out the company's policies to be in line with all 17 Sustainable Development Goals: SDGs of the United Nations by 2032
- The Company has been certified under ISO 22000:2018 and FSSC 22000 V6, reflecting its commitment to ensuring food safety management in accordance with international standards.
- The Company accepted the transfer of the entire business from Aesthetic Zecret (AT-ZE) Co., Ltd., a 100% owned subsidiary, as part of restructuring the group of companies to enhance efficiency and flexibility, reduce redundant activities, and lower operational costs and expenses.
Revenue: For the year 2025, the Company and its subsidiary’s total revenue was Baht 2,309.7 million, increasing from the previous year amount of Baht 172.4 million or 8.1%. Revenues from sales and service were Baht 2,292.8 million, increasing from the previous year amount of Baht 183.4 million or 8.7%. This increase was mainly due to growth in the Food Ingredient and Specialty Products categories.
Profit for the Period: The Company and its subsidiary’s profit for the year 2025 was Baht 139.7 million, an increase of Baht 49.5 million or 54.9% from the same period of the previous year. This was due to an increase in gross profit and a decrease in expenses, resulting in a net profit margin of 6.0%, up 1.8%.
EPS (Calculated from 599,974,662 ordinary shares)
- Year 2025: 0.23 Baht
- Year 2024: 0.15 Baht
- 2013 - Listed in mai on 3 October 2013
- 2022 - Launched an Innovation Center with the primary purpose of providing technical services and advice to customers, as well as researching and developing new products under the Company's brand.
- 2024 - Installed a solar rooftop system at the Bang Pa-in factory.
- Risk from unstable price and quantity of processed agricultural products - The Company has mitigated this risk by asking suppliers to offer future price and maintain the selling price for three months. If the suppliers need to change the selling price, they need to notify the Company in advance. In addition, impact to the Company from global price volatility is diminished as a purchase of processed agricultural products, by nature, is a match between a purchasing order from a client and an offer from a supplier.
- Risk from foreign exchange volatility - The Company has entered foreign exchange forward contract to ensure a fixed cost of goods sold.
- Risk from changes in the government’s policy, rules, regulations, and relevant law - The Company has had distribution plans for product group and new products, analyzed product group, strictly put quality control measures in place and closely monitored the information update from relevant state agencies.
- 2021 - Asia's Outstanding Brands
- 2017-2022 - Ranked among ESG100 by Thaipat Institute
- 2022 - Outstanding Sustainability Model Organization in the Thai Capital Market for Supporting Persons with Disabilities
- 2018-2025 - Excellent CG Scoring or 5-star rating from IOD
- 2018-2025 - Excellent AGM Assessments Program from TIA
| as of 30/12/25 | WINNER | AGRO | mai |
|---|---|---|---|
| P/E (X) | 9.43 | 19.78 | 60.23 |
| P/BV (X) | 2.04 | 2.10 | 1.12 |
| Dividend yield (%) | 7.21 | 7.36 | 3.99 |
| 30/12/25 | 30/12/24 | 28/12/23 | |
|---|---|---|---|
| Market Cap (MB) | 1,247.95 | 1,211.95 | 1,307.94 |
| Price (B/Share) | 2.08 | 2.02 | 2.18 |
| P/E (X) | 9.43 | 12.81 | 158.66 |
| P/BV (X) | 2.04 | 2.06 | 2.26 |
