MC Group Public Company (MC) Q3 2025 earnings summary

Executive summary

• Celebrated 50 years in business and 12 years on the SET, transforming from denim-focused to a diversified lifestyle brand, with denim now 35% of sales.

• Achieved faster profit growth with moderate sales increase year-over-year in Q3 FY2025.

• Maintains a fully integrated supply chain, strong supplier relationships, and robust logistics for both online and offline channels.

• Recognized for outstanding ESG performance with SET AAA ESG Ratings 2024.

• Total assets as of March 31, 2025, stood at THB 5,431 million, with shareholders' equity at THB 3,605 million.

Financial highlights

• Q3 sales grew 7.3% year-over-year to THB 1,067 million; nine-month sales up 2% to THB 3,287 million.

• Q3 net profit rose 14.5% to THB 188 million; nine-month net profit up 8.5% to THB 626 million.

• Online sales surged 66.3% year-over-year for the nine months, now contributing 17% of total sales.

• Gross margin improved to 64.3% for the nine months; SG&A ratio decreased to 41.6%.

• EBITDA up 15% in Q3 to THB 245 million, with EBITDA margin at 24.6%.

Outlook and guidance

• Revenue expected to exceed THB 4 billion for the fiscal year ending June, with female segment growing faster than male.

• Targeting over 600 points of sale nationwide and more than 20% sales from e-commerce by FY2027.

• Continued focus on expanding non-denim categories, online growth, and customer-centric strategies.

• Focus on margin improvement, cost efficiency, and leveraging technology for productivity.

• No explicit forward-looking guidance provided, but continued focus on operational efficiency and capital allocation is evident.