Eighteen months post-merger, Lotus’s growth is stagnating. Here’s why
Inside Retail
JUNE 7, 2023
Lotus’s has been part of Siam Makro since late 2021 when CPG transferred to it all of Lotus’s shares, making it, corporately speaking, the final resting place of the former Southeast Asia business of Britain’s Tesco PLC. Net profit was up by 8.9 Siam Makro, a US$14.2 per cent in the first quarter of 2023 compared to a year ago.
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