HomePro grows by 9.28 per cent in the first quarter

Thai home improvement chain HomePro has increased its first-quarter sales by 9.28 per cent year-on-year to 17.223 billion baht (THB; EUR 457.7 mio). The increase in revenue derived from the rebound in domestic consumption in some regions due to the resumption of economic activity as well as the recovery in tourism after the easing of restrictions, according to the company's quarterly report. The retailer also mentions its promotional activities in the report.

HomePro states that the store expansion plan for the first quarter is proceeding as scheduled. The retailer has opened three new Mega Home stores.

As of the end of the first quarter of 2023, the Thai home improvement store chain had 87 HomePro stores, five HomePro S stores, 21 Mega Home stores and seven HomePro Malaysia stores.