This Thailand home-decor firm gained 1,965% in a decade

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This Thailand home-decor firm gained 1,965% in a decade
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Siam Global’s returns came despite an 11% drop the past 12 months. FMTNews

BANGKOK: The do-it-yourself business has been good to buy-and-hold investors of Siam Global House Plc, delivering a 1,965% gain the past decade, the second-best performance among Thailand companies in the period.

Thailand’s economy has expanded at the slowest rate since 2014 – and at less than half the pace of Indonesia, Philippines and Vietnam. Bed Bath & Beyond Inc, Home Depot Inc, Dunelm Group Plc of the UK and Wilcon Depot Inc of the Philippines were among the renovation, decor and garden product sellers that outpaced the industry average.

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