
reported the year 2011’s first 9 months company’s performance that the company’s total revenue was 5,229.31 million Baht with the growth of 11.50% and the net profit of 192.99 million Baht with the growth of 29.35% comparing to the same period of the year 2010.
As for the third quarter of the year 2011, the company shown the total revenue of 1,877.31 million Baht with the growth of 12.21% and the net profit of 74.74 million Baht with the growth of 22.97% comparing to the same period of the year 2010.
The key reasons for the growth of IT CITY are: 1. The consumer IT market is growing continuously and IT CITY has got well accepted from the customers either home users or SMEs 2. Since IT CITY has continuously expanded its new branches, the increasing revenue will come from both new and 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 is focusing in retail business; the area that IT CITY is specialist, which will make IT CITY gain the competitive edge in term of Economy of Scale 6. IT products are the products that are used to increase the efficiency for both business and learning, therefore, it is resultant to the continuous increase in purchasing power. 7. Profit sharing from Joint Venture.
Today, the company has total 46 branches. In the last quarter of this year, 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:
Tanasak Utischalanon and Chayapat Sonthikorn
Public Relations Consultants
Core & Peak Co., Ltd. Tel: 0-2439-4600 ext. 8202
E-mail: [email protected],[email protected]