Bangkok--Feb 22--Core & Peak
Mr. Kamol Juntima, Chairman of the Board, IT CITY Public Company Limited reported the company's performance for the year 2004 that the company's total revenue was 3,771 million Baht with the growth of 44% and the net profit of 117.39 million Baht with the growth of 49% comparing to the year 2003.
The key reasons for the continuous growth of IT CITY are: 1. The IT consumer market is growing continuously and IT CITY is well accepted by this segment. 2. The growth in revenue resulted from the new and the existing branches. 3. IT CITY has now become the Thailand largest and abreast of the time one stop shopping IT center. 4. IT CITY has got more direct support from both domestic and foreign suppliers. 5. IT CITY's concentration is on the IT retail business which we are expert, therefore, it will help us not only provide the high quality products & service but also reach the Economy of Scale.
IT CITY sees the trend of overall Thai's IT market for the year 2005 is increasing continuously. In order to serve the increasing demand of Information Technology, IT CITY is planning to increase its 6 new branches; from the existing 21 branches, both Bangkok and upcountries this year.
From the said factors, it will make IT CITY retains its leadership in IT retail business in Thailand and retains its business growth in the year 2005.
For further information please contact
Bussakorn Sonthikorn
Senior Public Relations Consultant
Core & Peak Co.,Ltd.
Tel. 0-2439-4600 ext. 8202 End.