Central Pattana Reported Continuing Strong Q1 2026 THB 4.97 Billion Net Profit, 18% Growth from Last Year, Highlighting the Success of Its Festival & Experience Economy Strategy Driving Traffic Nationwide

Bangkok – Central Pattana Plc announced a continued strong growth in Q1/2026 earnings, with a total revenue of 13.35 billion Baht and a net profit of 4.97 billion Baht, registered an 18% growth from the same period last year. The company revealed in its vision of ‘A Future-Led Ecosystem’ that it would continue the development of mega-scale projects and landmark masterplans nationwide to create neighborhoods, cities and the future to drive forward the economy, tourism and quality of life nationwide. Central Pattana aims to elevate Thailand to a ‘Global Destination’ by creating world-class events throughout the year to attract both Thais and international tourists and to put forward the future of Thailand.

 

Ms. Naparat Sriwanvit, CFO and President, Hotel and Office of Central Pattana Plc, said: “Domestic consumption in Q1/2026 continued to show signs of recovery, supported by improved consumer confidence, backed by the general election and the recovery of tourism, in particular, the number of international tourists from China and India that resumed its growth, which helped to boost spending nationwide. Simultaneously, Central Pattana’s retail-led mixed-use development strategy and the establishment of a ‘Festival & Experience Economy’ through year-round events and festivals continued to push forward customer traffic and spending within the shopping centers. This resulted in strong Q1/2026 performance for the company, with a total revenue growth of 10% from last year to 13.35 billion Baht and net profit growth of 18% from last year to 4.97 billion Baht. The company achieved record-high rental and service income from its shopping center business, driven by rising customer traffic, stronger tenant sales, and an expanded portfolio of shopping centers. Central Pattana also recorded all-time high gross profit margins for its rental and services business at 62%, and overall gross profit margin at 61%. In addition, the hotel business continued to perform strongly, particularly Centara and GO! Hotel, reflecting the strength of Central Pattana’s ecosystem and its capability to drive economic growth, tourism, and lifestyle experiences for people nationwide.

 

Advancing Landmark & Lifestyle Destinations to Strengthen Urban and Economic Potential

Central Pattana has continued to create landmarks and elevated customer experience nationwide. In Q1/2026, Central Pattana announced a major transformation of Central Pinklao, a key landmark in Thonburi, with a total investment of over 1.7 billion Baht. This transformation upgraded Central Pinklao into ‘The New Soul of Pinklao’ featuring 500 brands with 360,000 sq.m. of space offering a multi-dimensional experience to support the city’s potential and the lifestyles of the new generation. In the meantime, Central Pattana also launched Market Place Thonglor, a flagship community mall in the heart of Thonglor, which operates under the concept of an ‘All-Day Lifestyle Destination’. It brings together leading restaurants, cafés and lifestyle brands in one place to cater to urbanites from morning until night. This reflects Central Pattana’s strength in developing urban lifestyle destinations that connect people, lifestyles and the cities.

 

Unveiling the ‘A Future-Led Ecosystem’ Vision with THB 110 Billion Investment Plan Over Five Years (2026–2030)

Central Pattana will continue to develop mega-scale projects and landmark masterplans nationwide to create neighborhoods, cities and the future, aiming to elevate Bangkok and Thailand to a world-class level. Major mega-projects underway include “mega-scale city of the future” in Rangsit on over 750 rai of land, the largest project in Central Pattana’s history; the mixed-use project entitled ‘Central GR9’ in the heart of the Rama 9 CBD; and ‘The Central District’, a collaboration between Central Ladprao and The Central Phahonyothin. The new projects scheduled to open in 2026 on 20 May: Central Khonkaen Campus a new mixed-use project in the Northeast, featuring a shopping center, PHYLL, the first 33-story super-premium condominium in the Northeast and a GO! Hotel. In early Q3, we will launch Central Northville, the largest mixed-use project in the heart of Nonthaburi and will move forward with landmark transformations nationwide including The New Central Bangna, scheduled to open at the end of 2026, Central Chiangmai Airport with a major transformation for the first time in 30 years and Central Phuket, an expansion and renovation to become ‘The World’s Luxury Destination’ outside of Bangkok. We will continue to expand our businesses including offices, hotels and residences to create strong growth in all aspects and to put forward the economy, tourism and the future of Thailand.

 

Creating World-Class Experiences Year-Round, Driving Tourism and Spending Nationwide

Central Pattana has continued to establish ‘Global Festive Landmarks’ nationwide by elevating Thai festivals to world-class experience destinations throughout the year. Central Pattana enjoyed the success of ‘Thailand’s Songkran Festival 2026’, a global sensational event that attracted over 15 million participants nationwide and achieving the number one trending topic across all online platforms – with over 33 million engagements. This underlines its role as one of the key drivers of Thailand’s ‘Festival Economy’ and ‘culturetainment’ platform. Central Pattana also further boosted Thai tourism with ‘Summer Fest 2026’, which transformed Central shopping centers nationwide into ‘Summer Experience Destinations’ for both Thai and international tourists during peak travel season. In addition, Central Pattana celebrated Chinese New Year in ‘The Great Chinese New Year 2026’, the ultimate landmark for shopping, worshipping, dining, leisure and other cultural celebrations that attracted both Thais and tourists from around the world and continued to spur tourism and spending flows for the Thai economy.

 

Reflecting a Future-Forward Vision Through National and Global Recognition Across Leadership, Brand, Marketing, and Sustainability

Central Pattana highlights its reputation as a leading organization at both national and international levels by consistently being recognized by numerous leading platforms under the category of branding, marketing, sustainability and organizational management. This includes global recognition in the Dow Jones Best-in-Class Indices, based on an assessment of 332 real estate companies worldwide, being listed in DJSI World for eight consecutive years and in the DJSI Emerging Market for twelve consecutive years. Furthermore, the company is ranked in the top 10% of the S&P Global Sustainability Yearbook and has received other prestigious awards such as the Future Trends Awards 2026, which reflects that the company is a forward-looking organization, brand, sustainability and leader, four major awards at the Thailand Social Awards 2026 as a brand that creates social impact in sustainability, and Thailand’s Most Admired Company 2025-2026. These awards solidify Central Pattana’s leadership in the Thai real estate market and ensuring that Central shopping centers nationwide remain number one in the hearts of consumers.

By the end of Q1/2026, Central Pattana operates a total of 44 shopping centers (42 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 m2. In addition, there are 11 office buildings, 11 hotels and 51 high-rise residential and housing estate projects.

 

 

 

 

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(สื่อมวลชน) สอบถามข้อมูลเพิ่มเติมที่: แผนกประชาสัมพันธ์ บมจ.เซ็นทรัลพัฒนา
ทัตเทพ หัสขันธิ์เปี่ยมสุข (อั้มมี่) โทร. 092-414-9542 Email: hatatthep@centralpattana.co.th

นินัสรีน มะทา (มีมี่) โทร.082-426-3914 Email: maninasreen@centralpattana.co.th