Thai hypermarket operator Big C Supercenter has reported a 4.7% rise in second-quarter net profit thanks to a rise in sales.
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, which is 67% owned by French retail group Casino, posted second-quarter net profit of 352.8m baht (US$8.5m), compared to 336.9m baht a year earlier. The result was in line with analysts’ expectations of around 350m baht, reported Reuters.
The retailer plans to open four new stores this year, adding to its 35-strong chain.
Analysts said Big C should perform well this year because of increased sales and the growing economy.
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
