IT CITY sees 4.5 bln baht revenue in first 9 months
18 November 2008
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IT CITY Plc, the operator of Thailand’s largest retail superstore chain for IT products, recently reported the total revenue of 4,538.16 million baht and a net profit of 144.04 million baht during the first nine months of this year.
Kamol Juntima, chairman of IT CITY Plc, said the company’s total revenue reflected a growth of 8.33 percent and the net profit grew 21.22 percent, compared with the same period of last year.
During the third quarter of this year, he said, the company had the total revenue of 1,632.67 million baht, a growth of 7.7 percent from the same period last year, and the net profit of 57.20 million baht, a growth of 8.11 percent.
He said the continuous growth of the company came mainly from the favourable growth in consumer IT market, the wide acceptance of the company among home users and SMEs, a strong support from both domestic and foreign suppliers.
He said the continuous growth of the company came mainly from the favourable growth in consumer IT market, the wide acceptance of the company among home users and SMEs, a strong support from both domestic and foreign suppliers.
IT City now has a total of 32 branches in Bangkok and other major cities throughout Thailand, with a plan to open two more branches in Nong Khai Province in the Northeast and Laem Chabang of Chon Buri Province in the fourth quarter this year.
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