“Mc JEANS,” Thailand’s No.1 jeans brand under the management of “Mc Group” (SET: MC) proudly announces that its profit in Fiscal Year 2025 totaled THB 760 million or increased by 6.6%. Spurred by online sales growth, the total revenue in the year soared over THB 4,152 million despite shrinking purchasing power and slow economic recovery. Shareholders will receive 100% of the net profit in dividends with the Board of Directors approving a dividend payment of THB 0.41 per share for the second half of FY 2025, bringing the total annual dividend to THB 0.96 per share.
Mr. Matthew Kichodhan, CEO of Mc Group Public Company Limited or MC that retails fashion&lifestyle products under “Mc JEANS” brand, reveals that the company’s operating results from FY2025 (1 July 2024 – 30 June 2025) delivered the net profit of THB 760 million, an increase of 6.6% compared to the same period last year, which recorded net profit of THB 713 million. The net profit margin increased to 18% from 17.3% in the previous year, while maintaining a high gross profit margin of 63.9%.
In FY2025, Mc Group generated THB 4,152 million in sales revenue. Not only does this amount represent an increase of THB 98 million or 2.4% from FY2024, which recorded the sales revenue of THB 4,054 million, but it also keeps the Company’s sales revenue above the THB4-billion benchmark even in the face of declining consumer confidence. Between April and June 2025, consumer confidence dropped significantly over concerns about the political stability of the Thai government, the US Government’s trade policy on reciprocal tariff rates, and the decrease in Thailand’s international tourist arrivals.
Mr. Matthew says by the end of FY2025, Mc Group has received over THB 4,152 million in sales revenue thanks to the continuous growth of online-channel sales growth. Online channels contributed 17% of the Company’s total sales revenue during the year, while revenue from offline channels declined as the economic situation curbed consumers’ out-of-home spending.
“Online-channel sales grew exponentially. In FY2025, the Company generated THB 712 million in revenue from online sales, an increase of THB 290 million or 68.9% compared to the previous year. This growth was driven by the Company’s collaboration with TikTok by creating spaces for KOLs to conduct TikTok Live product sales at the company,” Mr. Matthew said.
Meanwhile, the Company’s own free-standing shops generated revenue of THB 2,666 million, accounting for 64% of the total sales revenue, down from THB 2,772 million or 68% in the previous year. Revenue from department stores contributed 17%, amounting to THB 705 million but marking a decrease from THB 758 million in the prior year.
As of 30 June 2025, the Company operated a total of 570 points of sale, down from 582 in the same period last year. These points of sales comprised 426 free-standing shops, compared to 434 in the previous year; 129 modern trade outlets, down from 133; six mobile units; and nine overseas stores.
Mr. Matthew says with the company’s sustained business growth and net profit, the Board of Directors has approved a dividend payment of THB 0.41 baht per share for the second half of the year. As a result, for FY2025, the Company will pay out a total dividend of THB 0.96 baht per share to its shareholders, following the interim dividend of 0.55 baht per share already paid in the first half. This represents a payout ratio of 100% of net profit, well above the Company’s dividend policy of not less than 40% of net profit. Mc Group will officially ask its upcoming Annual General Meeting of Shareholders 2025 to approve the dividend payment. The XD sign will then be posted on 4 November 2025.
As of 30 June 2025, Mc Group’s cash, cash equivalents and short-term investments totaled THB 1,984 million, an increase of 250 million baht from 30 June 2024, due to stronger operating performance.
The CEO of “Mc Group” discussed the outlook for FY2026, stating that growth will continue from previous year according to strategic plans to make a company with double-digit growth rates. Mc Group will leverage its strength of having no debt with financial institutions and maintaining strong cash reserves to drive expansion and pursue new business opportunities.
