CP All Public Company Limited or CPALL reported 2020 results, net profit of 16,102.42 million baht, earnings per share of 1.68 baht, a 27.93% decrease from net profit in 2019. 22,343.08 million baht Earnings per share 2.38 baht
In year In 2020, CPALL had total revenues of 546,590 million baht, a decrease of 4.3% from the year 2019. Revenue from sales of goods and services amounted to 525,884 million baht, a decrease of 4.5%. Significant From economic negative factors And lower consumer purchasing power. As well as the impact of COVID-19 control measures, the number of customers who come to spend is reduced.
While the merchandise distribution center business, membership system, cash payment and self-service (Makro business) can still maintain a certain growth in revenue from sales and services. From the growth of the Makro Thailand business And branches in India and Cambodia
CPALL plans to invest in expanding its network of stores continuously in line with the expansion of the community. Various infrastructure Tourist attraction As well as other potential locations to facilitate and reach the customers’ needs as much as possible. The company plans to invest in opening approximately 700 new stores in 2021.
Read details: Management Discussion and Analysis for the year ended 31 Dec 2020
CPALL’s share price closed on February 22, down 0.25 baht or 0.43% at 57.50 baht, trading value 1,023.82 million baht.
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