Home Pro profits up due to new stores
Home Products Center Plc, operator of Home Pro home centres, Thursday announced a 17.26 per cent increase in profit for the first six months of this year.
The company posted Bt2.17 billion in net profit, up from Bt320.5 million for the same period last year.
Meanwhile, sales revenue in the first half of this year reached Bt31.04 billion, up Bt799.01 million or 2.64 per cent compared to the same period last year. The increase was mainly driven by the expansion of new stores under the brands of Home Pro, Mega Home, and Home Pro outlets in Malaysia.
Income from renting retail space was posted at Bt898.18 million in the first six months of this year, up Bt11.71 million or 1.32 per cent compared to the same period last year.
