Central Retail’ solid fourth quarter
What: The retail arm of Central Group says revenue rose by 15% year-on-year to 58.77 billion Thai baht ($1.8 billion) and EBITDA was up 42% to 8.03 billion baht in its latest quarter.
Why it is important: Net profit for the company soared 124% to 2.5 billion baht.
The group did not break down the performance of its various business units, which also includes retail chains selling groceries, sportswear, stationery, and electronics across Thailand and Vietnam.
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