Big C Supercenter, Thailand’s second-largest supermarket chain, has reported a 4.5% rise in net profit for the first quarter of 2003, below analysts’ forecasts.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Big C posted first-quarter net profit of 256m baht (US$6.1m), compared to 245m baht in the year-ago period. Fierce competition meant that Big C’s net profit came in well below analysts’ forecasts of around 318m baht.
Big C, which is 67% owned by French retailer Casino, faces competition from Thailand’s Siam Makro, the UK’s Tesco, and France’s Carrefour.
GlobalData Strategic Intelligence
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
