Bangkok, August 13, 2025 – Mr. Panet Mahankanurak, Chief Financial Officer of Central Retail Corporation Public Company Limited (CRC) stated, “Amidst the ongoing economic volatility and various uncertainties both domestically and internationally, consumer spending has been cautious, resulting in a slowdown in purchasing power and affecting businesses across several industries. Central Retail recorded total revenue in the first half of 2025 at 131,924 million THB, an increase of 1%, and a core net profit of 3,813 million THB, a decrease of 8% compared to the first half of last year. In the second quarter of 2025, the company generated revenue of 62,644 million THB, a decrease of 1%, and posted a core net profit of 1,349 million THB, a decrease of 16% compared to the same quarter last year. Central Retail remains committed to maintaining business stability through flexible management and disciplined investment, while driving growth in the second half of the year under the “New Heights, Next Growth” strategy. The company aims to enhance long-term competitiveness, focusing on cost control and prudent, efficient resource utilisation, with the goal of achieving stable and sustainable growth.”

Key business highlights for Central Retail in Q2/2025 include:

• Central Department Store Group
  • Central Chidlom continues to see steady growth despite economic challenges, while pushing forward with new customer experiences. The store hosted Central Chidlom Luxe Night Out to celebrate its newly renovated fashion zone, featuring a diverse range of fashion brands to suit every style and generation.
  • Central Department Store and Robinson Department Store added over 80 new fashion brands.
  • The Central App platform continues to see strong growth, with net sales via department stores’ online channels rising by more than 30% year-on-year.
• Supersports launched the world-class tennis brand HEAD, chosen by the current world number one tennis player, Jannik Sinner. As the exclusive distributor in Thailand, Supersports aims to bring innovative, world-class products to Thai customers.
• TOPS
  • Opened 3 new TOPS branches and renovated 2 TOPS FOOD HALL locations at Central Rama 9 and Central Pinklao.
  • Expanded the TOPS DAILY hybrid format in partnership with TOPS WINE CELLAR and The Baker (4 branches), and launched TOPS DAILY x LOOKS (2 branches) targeting young and mainstream customers. The hybrid TOPS DAILY model has delivered average daily sales double those of the standard TOPS DAILY format.
• GO WHOLESALE launched the major campaign “HoReCa GO MORE”, offering cost-saving benefits on products and ingredients to help reduce expenses for HoReCa business customers.
• Power Buy unveiled new store formats at Central Pinklao, Chiang Mai Airport, and Fashion Island under the concept “Technology for Life”, focusing on enhancing the shopping experience and delivering comprehensive technology solutions.
• Robinson Lifestyle opened Save One Go Srisamarn, a new prototype model seamlessly integrating a lifestyle mall with a night market under the concept “From Market to Complete Lifestyle Experience”, offering customers in urban areas a shop-eat-chill destination.
• Central Retail Vietnam continues to expand GO! Malls, most recently opening the Hung Yen branch, which has received strong responses from tenants and customers, further reinforcing its position as Vietnam’s No. 1 Family Mall.

“In the second half of 2025, Central Retail will continue to operate with prudence and financial discipline, aiming to enhance operational efficiency across core business segments while prioritising investments in alignment with the economic landscape and market opportunities. This approach will reinforce our financial position and drive stable, sustainable growth. Our credibility is further underscored by receiving an AA- credit rating with a Stable outlook from TRIS Rating Co., Ltd. for three consecutive years, the highest rating in the Thai retail industry, which strengthens investor and business partner confidence,” concluded Mr. Panet.