20 August 2021
Research Reports
Thailand
Central Retail Annual Report 2020 - Strength & Resilience

2020 was a challenging year for the Company’s operations inevitably affected by the Coronavirus Disease 2019 (COVID-19) pandemic. Over the past year, the Company emphasized and gave priority to health and safety of customers, employees, suppliers, and communities by strictly implementing preventive health-control measures in all the Company’s business premises and office in the early stage of the outbreak to reduce the transmission of the virus, and complying with the government’s disease control measures. The Company temporarily closed non-food stores in Thailand, Vietnam, and Italy at the end of March to mid-May, thus causing a sharp decline in revenue in the second quarter.

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