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ICC meeting targets thanks to new approach.
Byline: Pitsinee Jitpleecheep
Feb. 6--Business expansion and new management helped ICC International Plc, the marketing arm of the consumer-goods conglomerate Saha Group, meet its sales growth target last year -- for the first time since the 1997 crisis.
The company estimated that its sales in 2005 reached 11.5 billion baht, a 15 percent increase from the year before, with a net profit of 1.04 billion baht. Official full-year figures will be reported to the Stock Exchange of Thailand later this month.
Sales of ICC had dropped to six billion baht in 1997 from 11 billion in 1996, while net profit fell to only 100 million baht from one billion ...
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Source: HighBeam Research, ICC meeting targets thanks to new approach.