Central Retail stock reports stronger first half after profit growth

Central Retail reported THB 5,002 million in first-half core profit, up 42.5 percent year over year. Central Retail stock was last at THB 29.75 on October 2, 2026.

Central Retail stock was last at THB 29.75 on the SET on October 2, 2026, up 0.85 percent on the session. The company reported first-half 2026 core profit of THB 5,002 million, a 42.5 percent increase from the same period a year earlier, according to Central Retail in its August 14, 2026 results release.

Profit growth leads the story

Central Retail generated THB 126,633 million in revenue during the first half of 2026, up 2.4 percent year over year. The second quarter contributed THB 60,119 million of revenue and THB 2,114 million of core profit from continuing operations, with the latter up 124 percent year over year, according to Central Retail.

The contrast between sales and profit is material for the investment case. Revenue increased 2.4 percent in the first half, while core profit expanded 42.5 percent, pointing to operating leverage, product mix and cost control as more important drivers than headline sales growth.

Stores and online sales expand

Central Retail operated 3,834 stores as of June 30, 2026, across Thailand and Vietnam, according to the company investor FAQ. Online sales grew 24 percent year over year in Q2/2026 and represented 11 percent of total company sales, while first-half online sales rose 22 percent and reached 10 percent of sales.

The company also reported a 2.2 percent year-over-year increase in net sales area to 3,747,407 square meters as of June 30, 2026. This combination of store expansion and digital growth gives the earnings increase a broader base than a single-format retail recovery.

Consensus remains below the quote

The analyst consensus was Buy from 21 analysts, with 13 Buy ratings, 7 Hold ratings and 1 Sell rating, according to Investing.com. The average 12-month target was THB 28.55, with a high of THB 36.00 and a low of THB 19.00.

The reference price sits above the consensus average, so the market is already valuing Central Retail more aggressively than the average analyst target. The next test is whether the 42.5 percent first-half core-profit increase can continue while revenue growth remains in the low single digits.

SET price and valuation range

Central Retail stock was last at THB 29.75 on October 2, 2026 at 4:37 p.m. ICT, with a market capitalization of THB 179.4 billion and volume of 8,805,601 shares. The 52-week range was THB 16.50 to THB 31.00, leaving the last price THB 1.25 below the yearly high.

Central Retail stock facts

• Company: Central Retail Corporation Public Company Limited
• Ticker: CRC
• Trading venue: SET
• Price (as of October 2, 2026, 4:37 p.m. ICT): THB 29.75
• Market capitalization: THB 179.4 billion (as of October 2, 2026)
• 52-week range: THB 16.50-31.00 (as of October 2, 2026)
• Sector / Industry: Consumer Cyclical / Department Stores
• Index membership: SET50