Thailand’s second largest hypermarket chain, Big C Supercenter, has reported a 47% year-on-year rise in third-quarter net profits.
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 reported net profit of 272m baht (US$6.3m) for the third quarter, an as-expected decrease from 337m baht in the second quarter due to recent floods and increased competition.
The company saw a massive year-on-year rise in profits due to a boom in consumer demand, but is facing increasing competition from both local and foreign rivals.
