CRC recognises steady first-quarter revenue

Central Retail Corporation Plc (CRC) achieved steady revenue growth of 3% year-on-year in the first quarter, recording total revenue of 69.3 billion baht and net profit of 2.34 billion, a gain of 8%.

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Panet Mahankanurak, chief financial officer of CRC, attributed the performance to the company’s “Omni-Intelligence strategy” and a flexible business portfolio, which enabled CRC to adapt quickly to changing circumstances.

The company also implemented its 3C strategy (cash, cost and capex) to effectively manage expenses and investments, while maintaining financial stability.

He said the company recorded increased sales as a result of the Easy E-Receipt scheme, despite a reduced spending limit from the previous year.