Central Retail Corporation Public Company Limited (SET: CRC) has announced 2Q25 consolidated financial statement through the Stock Exchange of Thailand as follows:
| Quarter | 2Q25 | 2Q24 |
| Net Profit (Loss)
Million Baht |
1,142.97 | 1,659.68 |
| Earning Per Share
(Baht) |
0.1900 | 0.2800 |
| % Change | -31.13 | |
| 6 Month | 2025 | 2024 |
| Net Profit (Loss)
Million Baht |
3,480.40 | 3,830.39 |
| Earning Per Share (Baht) | 0.58 | 0.64 |
| % Change | -9.14 | |
CRC reported a net profit in 2Q25 of Baht 1,142.97 million, a decrease of Baht 516.71 million or 31.13% compared to the previous year. The decreased net profit was due to a weaker consumer purchasing power driven by macroeconomic conditions, and slowdown of international tourist arrivals in the quarter.
The company reported its total revenue of THB 62,644 million, which decreased by 0.8% from the same period last year. This was also primary due to weak consumer spending power and lower foreign arrivals.
Gross profit from sales was THB 14,366 million or decreased by 2.0% compared to the same period last year (decreased by 6.2% from the previous quarter).
Gross profit margin from sales was 25.7%, down from 26.1% in the same period last year (up from 24.7% in previous quarter) due to change in the sales mix and more cautious consumer spending behavior, with a focus on value-for-money purchases and promotional items. However, the hardline segment saw an increase in gross margin due to a higher share of sales of high-margin products.
Gross profit from rental and rendering of services was THB 1,845 million, decreased by 1.9% compared to the same period last year (increased by 2.2% from last quarter), representing a gross profit margin of 76.1%, which increased from 75.9% in the same period last year.
Furthermore, the company’s share of profit from associates and joint ventures declined due to a reduced number of these entities. Nonetheless, financial costs decreased as a result of lower interest rates.
Meanwhile, selling and administrative expenses increased—mainly from new store opening, renovation of existing stores, including an increase of loss on derivatives expenses—marketing and promotion expenses, and utility expenses decreased across several business units.
