HomePro operator keen on revenue

Home decoration and improvement company Home Product Center Plc, the operator of HomePro, is upbeat about its revenue prospects this year, driven by the country’s economic recovery, improving tourism and consumer purchasing power.

According to managing director Weerapun Ungsumalee, the company expects revenue growth of 8-9% this year from 69.4 billion baht in 2022, which gained 8.55% from 2021.

Last year the company posted a net profit of 6.21 billion baht, up 777 million baht or 14.3% year-on-year.

In the first quarter this year, Home Product Center reported a net profit of 1.61 billion baht, an increase of 100 million baht or 6.63% year-on-year. Total revenue tallied 18.3 billion baht, up 1.57 billion or 9.47%.

The main factor for the revenue growth was product sales revenue…