Showing 1 - 10 of 102
Central Retail sees revenue rise by 6% in Q1
Business, Published on 15/05/2024
» Central Retail Corporation (CRC) revenue increased by 6% to 67.3 billion baht in the first quarter of this year.
CRC profit up 12% to B8.02bn
Business, Published on 02/03/2024
» Central Retail Corporation Plc (CRC) reported net profit of 8.02 billion baht in 2023, a 12% increase from the previous year, on revenue of 249 billion, up 5%.
CRC targets 9-11% revenue growth
Business, Molpasorn Shoowong, Published on 13/02/2024
» Central Retail Corporation (CRC) is targeting 9-11% revenue growth in 2024, mainly driven by improved tourism and consumption, while voicing concerns over an influx of cheap imported goods.
Guided by the Business Philosophy "CRC Care,"
Published on 15/01/2024
» Mr. Yol Phokasub, Chief Executive Officer of Central Retail Corporation Public Company Limited (CRC), stated that Central Retail is committed to creating a fully integrated ecosystem as a "Platform of Trust" that effectively addresses people's lives and builds trust with all stakeholders. We have a clear brand purpose of being "Central to Life" in every country in which we operate and have achieved solid success through the business philosophy of "CRC Care," which represents our commitment to nurturing and elevating every sector for sustainable growth. This philosophy incorporates seven main dimensions as follows:
Central Retail Corporation sees record sales at Rinascente
Business, Published on 06/01/2024
» Central Retail Corporation (CRC), the country's biggest retailer, has posted record-breaking sales of more than €1 billion in 2023 for its luxury Rinascente department stores in Italy, higher than the pre-pandemic average.
CEOs voice concerns for 2024
Business, Post Reporters, Published on 02/01/2024
» Thailand is projected to post slow economic growth in the near future compared with pre-pandemic rates. Several public and private agencies have GDP forecasts for 2024 ranging from 3-3.4%, excluding implementation of the government's digital wallet scheme.
CRC's 1st bond issue a hit with investors
Business, Published on 24/11/2023
» Central Retail Corporation (CRC) has received overwhelming demand for its first issuance of bonds worth 5 billion baht from investors, exceeding the initial target by almost three times.
Central Retail net profit up 26% over first 9 months
Business, Published on 15/11/2023
» Central Retail Corporation (CRC) reported a 26% increase in net profit in the first nine months of this year, aiming to record a new high in the fourth quarter with the launch of the "CRC Celebration of Happiness" campaign.
Scheme expected to aid small firms
Business, Post Reporters, Published on 14/11/2023
» Following Prime Minister Srettha Thavisin's statement last Friday about the government's 10,000-baht digital wallet handout to an estimated 50 million people, supported by lending of up to 500 billion baht, the private sector expects small businesses in the retail, service and tourism sectors to directly benefit.
Retailers call for revision of tax on luxury goods
Business, Pitsinee Jitpleecheep, Published on 26/09/2023
» The new government is being urged to revise import taxes on luxury products to better align with neighbouring countries to attract foreign tourists while also strengthening Thai small and medium-sized enterprise (SME) brands to make them more competitive against the foreign brands prevailing in the country.