Bangkok--21 Jul--The Way Communication
Big C Supercenter PCL continues to show growth in all areas in the first half of 2012. The company’s retail sales rose 6.2% while rental and service income increased 13.4% — driving gross profit up 8.2% and net income up 55.8%.
Ms. Rumpa Kumhomreun, CFO and Vice President for Accounting and Finance of Big C Supercenter PCL, reveals Big C’s 2012 half-year performance that “the company is exhibiting growth in all areas reflecting Big C’s successful operation and will go forth in its business expansion to deliver maximum value and satisfaction to customers nationwide.”
Ms. Rumpa declares that “Big C’s H1-2012 retail sales grew to 54,434 million THB (+3,167 million THB or +6.2% from the same period last year). Rental and service income also grew to 3,873 million THB (+457 million THB or +13.4% from the same period last year). Consequently, gross profit in H1-2012 rose to Baht 7,944 million baht (+603 million THB or +8.2% from the same period last year). Net income then rose to 3,165 million THB (+1,134 million THB or +55.8%).”
“For second quarter of 2012 alone, Big C retail sales grew to 27,753 million THB (+1,317 million THB or +5% from the same period last year). Rental and service income also grew to 1,973 million THB (+204 million THB or +11.5% from the same period last year). Consequently, net income rose to 1,388 million THB (+298 million THB or +27.3%).”
“Big C’s successful half-year 2012 performances are the result of Big C’s multi-format and dual retail-property business model that enable Big C to satisfy the need and preference of all customer segments through low-price leadership, new services that add values and convenience to make Big C a one-stop shopping destination, and dual retail-property model that promotes efficient allocation of retail and rental space to maximize customers interests and traffic to the stores.”
“Big C is well on track on its 2012 expansion plan. By the end of 2012, Big C will have 95 Big C Supercenter, 16 Big C Extra, 1 Big C Jumbo, 18 Big C Market, 125 Mini Big C and 90 Pure Drug Stores. We will enhance our low-price leadership and roll out new services to deliver maximum satisfaction and value to customers nationwide.” Ms. Rumpa concluded.