Ms. Jiraphan Thongtan, head of the investor relations office, CP All Public Company Limited (CPALL), revealed that the company expects earnings in the second half of the year to be able to grow continuously. Compared to the first half of the year, which was supported by the situation of the epidemic of the Covid-19 virus. that unfolded in a better direction As a result, people returned to their normal lives. Students attend school as usual, and more tourists are coming to Thailand.
In addition, the government has implemented a policy to stimulate the economy in the country. Whether it’s a project, we travel together, half each person, and others that are expected to help support the purchasing power of the people to increase as well. in terms of providing services and selling products through the online system Still popular with customers who use the service. which has continued to grow
“We are starting to see that people are starting to return to a more normal life. people take off masks More and more foreign tourists are coming in. Restaurants, pubs and bars have also returned to open at a more normal time. We therefore expect that all businesses under CPALL will continue to grow from the first half of the year. However, there may be some impact from the heavy rainfall in the past.”
Miss Jiraphan said
The investment plan is still as planned. 11,000-12,000 million baht to support the expansion of another 700 7-Eleven branches, approximately 3,800-4,000 million baht, the renovation of the same branch, about 2,400-2,500 million baht, investments in new projects. and distribution center, approximately 4,000-4,100 million baht, IT investment 1,300-1,400 million baht
By InfoQuest News Agency (26 Aug 65)
Tags: CPALL, Jiraphan Thongton, CP All, Thai stocks