Jubilee Enterprise aims for glittering 8-10% growth

TUESDAY, MARCH 03, 2020
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Jewellery company Jubilee Enterprise is targeting sales growth of between 8 and 10 per cent this year, according to chief executive officer Unyarat Pornprakit.

Of the total, the company's existing 132 stores will contribute between 6 and 8 per cent growth, while between 2 and 3 per cent growth will come from planned new stores and the launch of new collections.
The firm aims to open 3-5 new stores this year.
The company posted revenue of Bt1.8 billion last year, up 16.7 per cent, with a net profit of Bt262.2 million, up 37 per cent.