Bangkok--12 May--Core & Peak
Mr. Kamol Juntima, Chairman of the Board, IT CITY Public Company Limited reported the year 2009 first quarter company’s performance that the company’s total revenue was 1,220.03 million Baht with the negative growth of 14.77% and the net profit of 22.19 million Baht with the negative growth of 45.08% comparing to the year 2008.
The key reasons for the negative growth of the company’s operation was the slow down of the entire Thai economy which incline to slow down continuously in the second quarter. The overall of business operation as well as the competitive capability of company is still in the satisfactory level. Today, IT CITY has received the direct support from both domestic and foreign suppliers, we are the comprehensive center for IT products, abreast of the time and focus on the IT retail business that we are specialist which will make us reach the Economy of Scale and be able to provide the quality to serve both consumer and SMEs customers that require the IT products to increase their business and learning ability.
In the second half of the year 2009, the company will expand five more new branches from the existing 34 branches now. Moreover, we will provide more products with the latest technology as well as control the company’s expenditure appropriately to the economic situation and the company’s revenue capability.
For further information please contact
Bussakorn Sonthikorn
Public Relations Consultant
Core & Peak Co.,Ltd. Tel. 0 2439 4600 ext. 8202
e-mail: [email protected]