Corporate News

Central Retail voted as the Outstanding Company in Consumer Discretionary sector in Thailand 2021 by Asiamoney, Asia’s leading financial publication

Bangkok: 29 October 2021 - Central Retail has been named the winner in Asia’s Outstanding Companies Poll 2021 under the category of Consumer Discretionary in Thailand by Asiamoney, a leading financial publication. The rankings are based on votes from over 1,000 institutional investors and analysts of Asiamoney which has selected companies in Thailand and across Asia.

Yol Phokasub, Chief Executive Officer of Central Retail Corporation PCL commented “We are truly delighted to be selected in Asia’s Outstanding Companies Poll 2021, by Asiamoney which investors and analysts took part in the voting process. By receiving this award, it has proven the acceptance and confidence of investors toward Central Retail, who demonstrates excellence in management, uplifts new innovations to embrace the uncertainties, such as the current pandemic of COVID-19 that deteriorates over time. Central Retail was able to overcome by adapting with adjustments to our digital strategies and offering products and services that match the consumer’s lifestyle. As a result, Central Retail is known for its completely conceived omnichannel platforms in Thailand. This award is another milestone for Central Retail to strengthen our business force forward in a sustainable way.”

“We would like to express our gratitude to our customers, investors, suppliers and partners for their continued support, which is a key motivator for Central Retail to continue growing its business and becoming the leading retailer and service provider on a global scale. With excellent business strategies, financial management, and flexible investment plan, the company efficiently boosts investor’s confidence and all stakeholders. Central Retail adheres to the principles of sustainable business operations under good corporate governance, as well as a continuous commitment to society and the environment. This award truly shows Central Retail's achievements and abilities in management, effective and transparent communication with investor communities and gaining trust from all sectors.” Yol concluded.