Index Living Mall eyes Furinbox development

Ms Kridchanok stated the business strategies to boost the number of Furinbox branches it runs to 26, from 22 branches at present. Despite a high homeloan rejection rate in the low-income sector, SET-listed Index Living Mall (ILM) saw this group endedupbeing one of the fastest-growing sections last year, triggering the business to broaden its brandname to be competitive through the sale of non-branded furnishings and budget-friendly items made in China. Kridchanok Patamasatayasonthi, handling director of ILM, stated the low-income section, which the business serves with its Furinbox brandname, was able to record development of over 100% last year and still has the possible to boost income from about 300 million baht to 1 billion baht within 2 years, with at least three-digit development per year. At present, the profits contribution from Furinbox accounts for less than 5%, however it oughtto create at least 10% within 3 years, and has the possible to gobeyond other sections in the future as this is the mostsignificant section in the nation, stated Ms Kridchanok. She stated the business strategies to boost the number of Furinbox branches it runs to 26, from 22 branches at present, targeting clients who ar
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