Mr. Soopakij Chearavanont
Chairman
CP ALL Public Company Limited
Being an “Engine” for Economic Drive
CP ALL Plc. has been operating convenience store business for more than 36 years pursuing the vision of “We Serve Convenience to All Communities”. We determine to conduct the business that strengthens the economy and is environmentally friendly. With technology advancement as our core, and we persistently explore a varieties of products and services that create value added to our customers and the society. We are one of the “Engines” that drives the Thai economy and economies of the countries in which we operate so as to bring a sustainable growth to all related sectors.
In 2023, the Thai economy continuously recovered as key economic activities; mainly tourism and domestic consumption, revived. With economic recuperation and emerging business opportunities, all of our business units conveyed products and services to the customers efficiently and promptly through various channels; namely online, offline and O2O. CP ALL cooperated with our internal and external business alliances within our business ecosystem to enhance customers’ daily convenience and respond to the needs of our diversified groups of customers. As a result, the Company was able to successfully and continuously maintain high business growth in 2023 with Baht 921.19 billion Baht in Total revenues and 18,482 million Baht in net profit; representing 39% increase from 2022. The great business performance was achieved through the consistently impressive operation results of all business units. Consequently, this raised the Company’s financial status towards stability and security. The Company determines to properly manage our financial costs and generate sustainable good return for our shareholders.
Being a Reliable “Neighbor”
The Company predominantly emphasizes on amity among customers, communities and the society in order to drive our business growth with strength. Our resilient business units under CP ALL are consistently offer products and services serving the ever changing needs of our diverse customer base. We have evolved over times from being convenience stores that lit up the communities for safety at night, to becoming large convenience stores with spacious car parks, and now providing Convenience Store Ecosystem with various products and services for all groups of customers, and ceaselessly retaining customer base of all age groups. CP ALL is a reliable organization that will be together with the communities through any changes both crises or opportunities. With our business resolution of “Creating and Sharing Opportunities for All” in mind, we determine to expand the network of our business alliances; both large enterprises and, particularly, SMEs. Moreover, we collaborate with government agencies and private sectors to encourage income distribution to the locals, SMEs, farmers and vulnerable groups through creating business opportunities and value, providing sale channels, promoting professional knowledge and supporting skill development, along with facilitating business connection. The establishment of “7-11 SME Support Center” is the confirmation of our commitment and the network of innovation in order to create awareness of innovation, competitive advantage and a truly innovative organization.
Mr. Korsak Chairasmisak
Chairman of Executive Committee
CP ALL Public Company Limited
Being a “True Friend” in All Communities
Adhering to our corporate philosophy of “Through Happy Employees, CP ALL highly values the importance of Human Resources Management. We take care of more than 250,000 employees in all the countries in which we operate. We believe that diversification of their ages and thoughts are our strength. With unity, good moral and devotion of our employees, CP ALL is driven by a strong teamwork focusing on the mutual success. We will be able to deliver happiness to customers through our selective products, creative services, and efficient staff making CP ALL a “True Friend” in all communities.
Lastly, on behalf of the Board of Directors and Executive Committee, we are grateful for the consistent trust and support in the Company’s business operation of our business partners, customers, debenture holders, shareholders, and all relevant sectors. We are also highly thankful to all executives and employees for your drive towards our corporate vision and mission. We, CP ALL are determined to operate our business with business ethics and good corporate governance, under the resolution of “Creating and Sharing Opportunities” in order to be an “Engine” driving the nation’s economy for a sustainable growth and development.
