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Pranda set to expand 12% on growth in existing markets.
Byline: Santan Santivimolnat
Feb. 3--The Pranda Group, a maker of affordable gold and silver jewellery set with diamonds and semi-precious stones, yesterday projected its sales would grow by 12 percent this year, driven mainly by the expansion of its existing markets overseas.
As well, the group also announced it will invest 70 million baht this year to modernise its machinery and expand its business.
Prapee Sorakraikitikool, corporate finance chairman, said the group's sales abroad and at home were projected to continue to grow by 12 percent this year from 3.5 billion baht in 2005. Last year, sales increased by 7 percent over the 2004 total.
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