CP Axtra Public Company Limited reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was THB 3,597.5 million compared to THB 3,593.73 million a year ago. Revenue was THB 124,440.9 million compared to THB 119,502.15 million a year ago. Net income was THB 1,952 million compared to THB 1,676.91 million a year ago. Basic earnings per share from continuing operations was THB 0.18 compared to THB 0.16 a year ago.
For the nine months, sales was THB 10,694.12 million compared to THB 10,636.34 million a year ago. Revenue was THB 378,416.66 million compared to THB 361,336.43 million a year ago. Net income was THB 6,609.31 million compared to THB 5,358.45 million a year ago. Basic earnings per share from continuing operations was THB 0.62 compared to THB 0.51 a year ago.
CP Axtra Public Company Limited is a Thailand-based company, which is engaged in the operation of the wholesale business, retail business and mall selling food and non-food products. Its wholesale business consists of wholesale stores in Thailand and overseas, under Makro and LOTS Wholesale Solutions. The business focuses on both third-party brands and private labels of general consumer goods, including fresh food, dry goods, and non-food products, to three customer groups, namely operators in retailers, hotels, restaurants, and catering (HoReCa), and the hospitality industry. Its key offerings include meat, seafood, plant-based foods, dairy products, bakery and pastries, beverages, charcuterie (processed pork products), fine-dining and delicatessen, as well as fruits and vegetables. Lotus operates a retail business and manages rental space in shopping centers in Thailand under the brand Lotus. The main product categories sold by Lotus are fresh food, dry groceries, and non-food items.
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