CP AXTRA Reports Continued Growth in 9 Months Performance, with Total Revenue of 386,050 Million Baht and Net Profit of 6,794 Million Baht, Online Sales Soaring 31%, Reaffirming Its Position as "Thailand's No. 1 Grocery E-Commerce Platforms"
Bangkok, November 11, 2025 – CP AXTRA Public Company Limited (the Company or CPAXT), an operator of Asia's leading wholesaler and retailer "Makro and Lotus's," announced its operating results for the nine months of 2025. CPAXT reported robust growth, with total revenue of 386,050 million baht and net profit of 6,794 million baht. This performance reflects the Company's strong capability in driving stable growth across both its wholesale and retail businesses, driven by the following factors:
- Expansion of 100 new stores nationwide.
- Strong growth in out-of-store sales, supported by B2B sales teams and online platforms, which recorded a remarkable 31% year-on-year (YoY) growth, reaffirming CPAXT's position as Thailand's No. 1 Grocery E-Commerce platforms.
- Continued growing in the food category, a core strength of the Company.
- Growth in CPAXT's private label products, enhancing differentiation and boosting overall revenue.
Meanwhile, the Company continued to manage its distribution costs and administrative expenses efficiently, with the DC&A-to-revenue ratio declining to 13.4%, reflecting strong financial discipline and operational efficiency.
Mr. Tanin Buranamanit, Group Chief Executive Officer, CP AXTRA Public Company Limited, stated: "Despite external economic challenges, we have been able to maintain our market share and deliver steady growth. This reflects our agile strategies and ability to adapt effectively to changing economic conditions and evolving customer needs. We also focus on leveraging technology and AI data analytic to offer personalized products, services, and targeted marketing activities. Furthermore, we are expanding our store network and developing rental spaces in high-potential locations, transforming them into 'Happy Mall' hubs. We are confident that the continuity of these strategies, combined with the government's economic stimulus measures that are expected to boost consumption and tourism during the year-end high season, will enable the Company to capture growth opportunities and sustain positive momentum into the next quarter."
As part of its goal to become Asia's leading retailer, CPAXT is advancing its regional expansion through a partnership with Ayala Corporation, one of the largest conglomerates in the Philippines, to establish a presence in the Philippines, one of the fastest-growing economies in the region. In addition, CPAXT’s recent acquisition of Renewed Hope Pte. Ltd., under the flagship brand of Lucky Frozen, was completed in late August 2025. This acquisition allows the Company to start recognition the financial results immediately and further strengthens its foodservice business, in line with its regional growth strategy.
CPAXT is committed to driving business growth alongside sustainability development across all dimensions. The Company adheres to ESG principles to create long-term economic and social value for all stakeholders while sustainably reducing environmental impact. Recently, CPAXT received an MSCI ESG Rating of “A” for 2025, an increase from the BBB last year,” reflecting the Company’s strong standards of responsible business operations and its commitment to social and environmental stewardship.
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