Financial Highlights

Operational Highlights

Quarter Year
4Q2025 (October - December)

1 In 1Q/2025, the reporting method for net leasable area and occupancy rate was revised to reflect average figures. As a result, the data has been restated retrospectively from 2023 onwards for consistency.

1 In 1Q/2025, the reporting method for net leasable area and occupancy rate was revised to reflect average figures. As a result, the data has been restated retrospectively from 2023 onwards for consistency.
4Q2024 1Q2025 2Q2025 3Q2025 4Q2025
Number of Stores (stores)
Number of Stores (stores) 2,728 2,736 2,749 2,758 2,758
Thailand 2,648 2,656 2,669 2,678 2,678
Overseas 80 80 80 80 80
Sales Space (sq.m.)
Sales Space 2,761,459 2,762,755 2,784,343 2,798,869 2,825,767
Thailand 2,416,345 2,417,641 2,439,229 2,453,755 2,478,079
Overseas 345,114 345,114 345,114 345,114 347,688
Average Permanent Net Leasable Area1 (sq.m.)
Average Permanent Net Leasable Area 1,167,508 1,174,329 1,185,291 1,191,555 1,203,008
Thailand 2 841,593 846,306 857,142 861,522 873,362
Malaysia 325,915 328,023 328,149 330,033 329,646
Average Occupancy Rate1 (%)
Thailand 93 93 92 92 92
Malaysia 92 92 92 90 91

Remarks

1 In 1Q/2025, the reporting method for net leasable area and occupancy rate was revised to reflect average figures. As a result, the data has been restated retrospectively from 2023 onwards for consistency.

2 Including Makro Thailand net leasable area since 2022

OPERATING STATISTICS BY YEAR

1 In 1Q/2025, the reporting method for net leasable area and occupancy rate was revised to reflect average figures. As a result, the data has been restated retrospectively from 2023 onwards for consistency.

1 In 1Q/2025, the reporting method for net leasable area and occupancy rate was revised to reflect average figures. As a result, the data has been restated retrospectively from 2023 onwards for consistency.
2021 2022 2023 2024 2025
Number of Stores (stores)
Number of Stores (stores) 2,829 2,805 2,690 2,728 2,758
Thailand 2,760 2,730 2,614 2,648 2,678
Overseas 69 75 76 80 80
Sales Space (sq.m.)
Sales Space 2,638,772 2,681,800 2,725,410 2,761,459 2,825,767
Thailand 2,310,357 2,347,544 2,386,069 2,416,345 2,478,079
Overseas 328,415 334,256 339,341 345,114 347,688
Average Permanent Net Leasable Area1 (sq.m.)
Average Permanent Net Leasable Area N/A N/A 1,120,860 1,155,271 1,188,553
Thailand 2 N/A N/A 799,369 829,894 859,583
Malaysia N/A N/A 321,491 325,377 328,970
Average Occupancy Rate1 (%)
Thailand N/A N/A 92 93 92
Malaysia N/A N/A 93 93 91

Remarks

1 In 1Q/2025, the reporting method for net leasable area and occupancy rate was revised to reflect average figures. As a result, the data has been restated retrospectively from 2023 onwards for consistency.

2 Including Makro Thailand net leasable area since 2022

Performance Highlights

Total sales and gross profit margin
Unit: million Baht / %
Net profit and net profit margin*
Unit: million Baht / %
ROA and ROE
Unit: %

Remarks

1 Restated 2020 financial statements

2 Earnings per share (EPS) for 2020-2023 were calculated from the profit attributable to the parent company and the number of common shares outstanding, with the par value of the shares at 0.5 Baht per share. EPS for 2024 are calculated based on the weighted-average number of shares 6,582 million shares, with par value revised from 0.5 Baht to 1.0 Baht per share. As a result, the number of shares before the amalgamation was 5,290 million shares (adjusted from 10,580 million shares), and after the amalgamation was 10,428 million shares. If based on an equal number of shares, basic earnings per share for 2024 would have been 1.01 Baht per share.

3 Interest-bearing debts exclude lease liabilities.

4 Book Value per share for 2020-2023 were calculated from the profit attributable to the parent company and the weighted average number of common shares outstanding, with the par value of the shares at 0.5 Baht per share. Book Value per share for 2024 onwards was calculated from the profit attributable to the parent company and the weighted average number of common shares outstanding, with the par value of the shares at 1.0 Baht per share.

5 The Board of Directors has resolved to propose to the Shareholders’ Meeting the approval of an annual dividend payment of THB 0.71 per share. The dividend remains subject to approval by the Annual General Meeting of Shareholders to be held on 9 April 2026.