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CP AXTRA’s 2024 Net Profit Soars 23.5% to THB 10.8 Billion, Board Approves THB 0.71 Dividend per Share

February 19, 2025

Bangkok, 18 February 2025 - CP AXTRA Public Company Limited (The Company or CPAXT), an operator of Asia’s leading wholesaler and retailer, “Makro and Lotus’s,” has announced its 2024 operating results, reporting total revenue of THB 512,042 million, THB 22,093 million increase year-on-year and a net profit of THB 10,837(1) million, up 23.5% compared to the previous year.

CP Extra expands into southern provinces with opening of Lotus Yala

October 13, 2024

Lotus Yala aims to become ‘Smart Community Centre’, targeting all key customer segments

Flood hits Bueng Kan’s economic district, cutting off transport routes

SATURDAY, SEPTEMBER 14, 2024

Overflowing Mekong River water floods key business district in Bueng Kan province

The sweet choice: retailers keep sugar prices down

THURSDAY, NOVEMBER 16, 2023

Giant retail and wholesale stores in Thailand are maintaining the old price of sugar following a recent nationwide price hike of 2 baht per kilogram, but have implemented measures to prevent hoarding of the sweet commodity.

Crane malfunction possibly behind Bangkok overpass collapse

TUESDAY, JULY 11, 2023

A crane malfunction is suspected to be behind the collapse of an overpass on On Nut - Lat Krabang Road that killed one worker and injured 8 others on Monday evening, Bangkok deputy governor Wisanu Subsompon said.

New hawker centre sees light of day

FRIDAY, JUNE 02, 2023

Street vendors in the Rama II area have a new place to sell their wares with the opening of the Route 69 Mini Hawker Centre in Bangkok’s Bang Khun Thian district.

Siam Makro’s Lotus’s buyout pushes business liquidations in Thailand up by 31% in Oct

SUNDAY, NOVEMBER 28, 2021

Siam Makro’s 218-billion-baht acquisition of Lotus’s stores from CP Retail Holding in September bumped the number of business liquidations in Thailand up by 31 per cent in October.

Why CP group got the nod for takeover of Tesco

SATURDAY, DECEMBER 19, 2020

The Office of Trade Competition Commission (OTCC) on Friday published a report on its decision regarding Charoen Pokphand’s (CP) acquisition of Tesco’s Thailand business from Ek-Chai Distribution System.

Malaysia follows Thailand in giving CP approval for Tesco Lotus buyout

THURSDAY, NOVEMBER 12, 2020

The Malaysia Trade Competition Commission (MTCC) on Wednesday approved Charoen Pokphand’s (CP) acquisition of Tesco Lotus in Malaysia. This comes on the heels of Thailand’s Office of Trade Competition Commission (OTCC) giving CP the nod on November 2 to purchase the retail giant.

Views and concerns of OTCC members who opposed CP takeover of Tesco to be made public

TUESDAY, NOVEMBER 10, 2020

Representatives from Charoen Pokphand (CP) Group on Monday picked up the documents issued by the Office of Trade Competition Commission (OTCC) regarding its resolution by a majority vote allowing CP to acquire Tesco’s Thailand business from Ek-Chai Distribution System, OTCC chairman Sakon Waranyuwattana said.

CP's acquisition of Tesco Lotus compromises consumer interests, says ex-deputy PM

MONDAY, NOVEMBER 09, 2020

The takeover of Tesco Lotus by conglomerate CP Group will have a negative effect on consumers, former deputy prime minister Korbsak Sabhavasu said.

Public outrage over approval for CP Group's acquisition of Tesco Lotus

SUNDAY, NOVEMBER 08, 2020

Academics and netizens have expressed their frustration after the Office of Trade Competition Commission (OTCC) approved conglomerate Charoen Pokphand's acquisition of retail giant Tesco Lotus.

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