CP Axtra sees profit rise 5.8% in first half

CP Axtra Plc, the operator of leading wholesale and retail brands Makro and Lotus's, reported total revenue of 259 billion baht in the first half of the year and a net profit of 4.93 billion baht, representing growth of 5.8% year-on-year.

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The company's online sales grew by 34% year-on-year, while fresh food sales delivered a 10% year-on-year increase, reflecting the success of its strategic focus on enhancing product offerings and diversifying all distribution channels to meet evolving consumer behaviour.

Tanin Buranamanit, group chief executive of CP Axtra, said the company continued to grow in the first half of 2025 despite ongoing economic challenges.