Café Amazon outlet growth drives PTTOR’s third quarter F&B sales

Café Amazon currently operates 4,432 stores globally – 4,045 of which are in Thailand | Photo credit: Café Amazon

Thailand’s PTT Oil and Retail Business (PTTOR) has reported strong outlet growth for its Café Amazon business in its third quarter. 
 

The Bangkok-based petrol giant and retail operator opened 61 new Café Amazon stores in the three months ended 30 September 2023 to reach 4,432 stores globally – 4,045 of which are in Thailand. 

In March 2023, PTTOR outlined plans to open 400 new Café Amazon outlets globally in 2023. The business has opened 173 net new stores in the first nine months of the year. 

Founded in 2002, Café Amazon is Thailand’s largest branded coffee chain with nearly 2,200 of its stores located at PTTOR’s PTT petrol station footprint. The chain is also present in shopping centres and Bangkok’s MRT and BTS rail networks. 

Café Amazon also operates 387 stores across Cambodia, China, Japan, Laos, Malaysia, Myanmar, , Vietnam, the Philippines, Saudi Arabia and Oman.

PTTOR said its food and beverage (F&B) segment, which comprises Café Amazon, Texas Chicken, Pearly Tea and Pacamara Coffee Roasters, achieved 8.8% third quarter year-on-year revenue growth to THB 3.8bn ($106m), driven by Café Amazon outlet expansion. 

F&B revenue for the year-to-date is 10% higher than 2022 at THB 11.2bn ($311m). 

PTTOR CEO Disthat Panyarachun said Café Amazon is ‘considered a business that is still strong’, with ‘many business opportunities’ lying ahead. 

The energy and retail conglomerate’s total third quarter sales reached THB 191.5bn ($5.3bn).