Central Pattana Sets New Highs for Three Consecutive Years; 2025 Marks Record Growth in Revenue, Net Profit, Dividends and Traffic, reflecting the strength of Retail-Led Mixed-Use Model

• Robust growth across all business units: Revenue 53,009 million baht, with net profit 18,841 million baht. A record dividend of 2.40 baht per share is proposed, representing a payout ratio of 57% (*Subject to shareholder approval)
• Reinforcing its position as the No.1 retail leader trusted by over 18,000 partners' stores for collective growth. Notably, 80% of global brands making their debut in Thailand have chosen Central Pattana for their first-ever locations. Meanwhile, year-end campaigns continue to drive a massive surge in foot traffic
• Business resilience and sustained growth: All business segments continue to demonstrate solid performance and steady growth, including residential developments, office projects in core CBD locations, and the hotel business, with GO HOTEL accelerating expansion plans and targeting 25 properties within five years.
• CPNREIT celebrates the successful transformation of Central Pinklao and Central Chiangmai Airport, driving a major surge in foot traffic. The REIT aims to double its asset size by 2032

Bangkok –  Central Pattana plc, Thailand’s No.1 sustainable real estate leader across retail, residential, office, and hotel businesses nationwide, has announced strong FY2025 performance, delivering solid growth in revenue, net profit, dividends and traffic - reaching a new high for the third consecutive year

Ms. Wallaya Chirathivat, Chief Executive Officer of Central Pattana plc, said: “The record-breaking growth in revenue, net profit, and shareholder returns projected for 2025 reflects that the retail-led mixed-use development model is a crucial foundation for strengthening the retail business in addition to ensuring the growth of other businesses. By seamlessly integrating residential, office, and hotel developments, we have built ‘The Ecosystem for All’-a resilient and sustainable platform that creates shared value and long-term growth for all stakeholders, including customers, partners, shareholders, employees, as well as society and local communities. In addition, the opening of new shopping centers in the second half of the year, such as Central Park, a world-class global destination, and Central Krabi, the province’s first mixed-use development and Thailand’s first prototype of sustainable shopping center, further enhances our retail portfolio and highlights Central Pattana’s role as a lifestyle platform that connects people, cities, and long-term sustainable growth opportunities.”

Ms. Naparat Sriwanvit, Chief Finance Officer and President Hotel and Office Businesses of Central Pattana plc, said: “Central Pattana’s earnings grew further across all business segments in 2025, including shopping centers, residential projects, office buildings, and hotels nationwide. The company reported total earnings of Revenue 53,009 million baht, with net profit 18,841 million baht for 2025, a 13% increase from the previous year, delivering strong returns to shareholders with a proposed record dividend of 2.40 baht per share*, equivalent to a payout ratio of 57%. The company maintains a strong financial status and continues to invest according to plan to create sustainable growth and returns for shareholders, combining business strategies and financial discipline that focuses on creating value for all stakeholders.” (*Subject to shareholder approval)

Achieving New Highs for Three Consecutive Years, made possible by retail-led mixed-use development

• Retail: the core business and expertise – Being recognized as the leader in the retail industry, with over 45 years of experience, Central Pattana has created a global impact across all services. This includes partnering with more than 18,000 leading stores, being a location of choice for over 80% of global brands expanding into Thailand for the first time, and helping to ensure top-ranking sales. Meanwhile, we have successfully opened two new shopping centers this year including Central Park, which attracts up to 70,000 visitors per day on weekdays and peaks at 100,000 visitors on weekends, and Central Krabi, which achieved national-level success after welcoming the Prime Minister for its grand opening event – attracting 40,000 visitors on its first day alone. Our recent transformation projects include Central Pinklao and Central Chiangmai Airport, both of which have received overwhelmingly positive feedback. These recent projects further highlight Central’s reputation as a provider of prime-location shopping centers in Thailand. Furthermore, Central Pattana has set a record of over 650 million visits per year at our shopping centers nationwide, attracting over 70 million visits from international tourists annually.

  In addition, Central Pattana continues to generate an incredible volume of customer traffic highlighting our reputation as the No. 1 festive destination, especially during the final months of the year, with large global campaigns in partnership with global companies such as Walt Disney, and the global Countdown event-‘Times Square of Asia’ and major festivals held nationwide, marked as a destination of choice. Central Pattana accommodates both Thai and international tourists and attracts an incredible volume of customer traffic, resulting in significant growth in both portfolio and sales.

Ecosystem-Driven Growth Strengthening the Retail Core through Residential, Office, and Hotel Developments:

• Residence growth: Residential projects adjacent to Central shopping centers continue to see strong demand, with Escent condominiums achieving sales of over 80% in Nakhon Sawan and over 95% in Nakhon Pathom.
• Offices in prime strategic locations: Grade A office spaces adjacent to Central shopping centers, including Central Park Offices, deliver fully integrated lifestyle solutions, with a portfolio of 11 office buildings across Bangkok situated in prime areas
• Hotel Business Accelerates Growth in the Quality, Affordable Hospitality Segment: GO Hotel continues with its expansion, aiming for 25 locations within five years, and has just celebrated the newest branch: GO Hotel Suvarnabhumi Airport, the brand’s largest flagship hotel, as well as the Hilton Garden Inn Rayong, the latest successful brand to receive positive feedback from both corporate clients and weekend travelers.

The key support factors for remarkable growth stem from the recovery of the Thai economy, which improved in the fourth quarter of 2025 after slowing down in the third quarter of 2025. The slowdown was the result of accelerated growth in exports in the first half of the year prior to the implementation of US import tariffs. Meanwhile, the government’s economic stimulus measures implemented between 29 October and 15 December 2025, and the recovery in the number of international tourists, contributed to boosting domestic consumption and overall economic activity in the final quarter. Key measures include the ‘Half-Price Plus’ co-payment scheme and the ‘Easy E-Receipt 2.0’ scheme, which allows individual income tax payers to deduct domestic tourism expenses by up to 20,000 baht from their taxable income, covering accommodation and restaurants, including restaurants outside hotels.

Central Pattana is reaffirming our confidence in the potential of the Thai economy by moving forward with our proactive investment plan and expanding our business empire across all regions to enhance competitiveness and support nationwide economic growth. In 2026, we are committed to driving business forward with outstanding management strategies and a robust financial position, with a focus on long-term investment according to our strategic plan to create stable and sustainable growth in the future. This includes the opening of new shopping centers that have already received overwhelming feedback from retail partners and projects including the futuristic flagship shopping center and the mega-project of the year: The Central Phaholyothin; a new mixed-use project in Khon Kaen: Central Khonkaen Campus; the largest mixed-use project in the heart of Nonthaburi: Central Northville; and the major transformation of Market Place Thonglor, a community hub in the heart of Thonglor. Furthermore, the Hotel and Residence businesses continue their ongoing expansion

In addition, CPNREIT has continued with its long-term growth strategy and enhanced its asset portfolio through the major refurbishment of Central Pinklao and Central Chiangmai Airport. The renovations have not only created a new image for our shopping centers but also significantly increased customer traffic and strengthened overall performance of the trust. As a result, CPNREIT has received overwhelmingly positive feedback from both customers and business partners, further boosting confidence in long-term business expansion. CPNREIT aims to double asset size by 2032 to ensure stable and sustainable returns for unitholders in the future.

Central Pattana is highlighting our leading position in Thailand’s real estate industry, excelling in every aspect and winning 63 prestigious awards at both national and international levels in 2025. These awards cover Business and Financial Performance, Development and Design, Marketing, People Development and Sustainability. The continued incremental number of awards and honors reflects our commitment to developing projects to global standards, creating sustainable value for cities, the economy and society as well as reaffirming organizational vision ‘Imaging Better Futures for All’.

As of 2025, Central Pattana operates a total of 44 shopping centers (41 Central shopping centers – 17 in Bangkok and perimeter, 24 in other provinces and one in Malaysia, Esplanade and Mega Bangna) and 16 community malls, with a total net leasable area of ​​2.3 million square meters. In addition, there are 11 office buildings, 11 hotels and 51 residential projects (both high-rise and housing estate).

Follow Central Pattana’s updates by visiting: https://www.centralpattana.co.th/th/shopping/shopping-update/lifestyle-activities