What: Central Retail expects the Thai demand to continue supporting the positive 2022 trend.

Why it is important: Optimism is based on a positive situation in Thailand, but no mention is made of the other markets where Central is present.

Central Retail corporation projects its revenue will grow by 20% in 2022 for the full year, after 9 months of continuous positive performance in every channel (online, offline, omnichannel). The main reason for this renewed optimism is a positive situation in Thailand, with Covid-19-related consumption boosters helps local Thai consumers, in addition to welcoming tourists again now that borders are reopen.

Central Retail forecasts 20µ revenue growth FY 2022