What To Know
- The profit surge was largely driven by higher average prices for chicken and pork in several countries due to lower global supply following outbreaks of avian influenza in more than 40 countries and African swine fever in multiple Asian markets.
- The company’s ability to navigate global market challenges while maintaining operational efficiency underlines its resilience and long-term growth potential, making it a standout performer in Thailand’s food industry for 2025.
Bangkok Business PR News: Strong First Half Performance Beats Market Expectations
Charoen Pokphand Foods Public Company Limited (CPF) has delivered a remarkable financial performance in the first half of 2025, reporting a net profit of 18.926 billion baht, a 134% jump from the same period last year. This surge was fueled by robust overseas operations, which account for two-thirds of the company’s sales, supported by efficient supply chain management, effective disease prevention in livestock, and cost reductions from lower soybean meal prices compared to last year.
Prasit Boondoungprasert, CEO of CPF, announced that the company’s total sales for the period climbed to 291.77 billion baht.
Image Credit: CPF
Prasit Boondoungprasert, CEO of CPF, revealed that total sales for the period reached 291.77 billion baht. According to this Bangkok Business PR News report, 62% of sales came from international businesses, 5% from exports, and 33% from domestic operations in Thailand. CPF maintains investments and joint ventures in 16 countries and exports to more than 50 markets worldwide. In local currency terms, overall sales grew by about 6% year-on-year, though a stronger baht trimmed reported sales by roughly 1% after currency conversion.
High Meat Prices and Lower Feed Costs Boost Margins
The profit surge was largely driven by higher average prices for chicken and pork in several countries due to lower global supply following outbreaks of avian influenza in more than 40 countries and African swine fever in multiple Asian markets. Reduced feed costs, especially from cheaper soybean meal in key regions, also contributed significantly, along with tight cost control measures.
CPF continues to prioritize food safety and quality throughout its supply chain, aiming to deliver safe and nutritious products to consumers. Its commitment to innovation and stringent disease prevention measures in livestock farming has strengthened its resilience against epidemic risks.
Confident Outlook for the Remainder of 2025
Looking ahead, CPF expects business momentum to remain strong for the rest of the year. The company’s exposure to the so-called “Trump tax” is minimal, as shrimp exports to the US account for less than 0.1% of sales. CPF already operates ready-to-eat food production facilities in the US and plans further investment expansion under its “localization” strategy, producing and selling within target countries.
Shareholders Set to Benefit from Interim Dividend
On August 14, 2025, the Board of Directors approved an interim dividend of 1.00 baht per share for the first half of the year. Eligible shareholders will be determined on September 1, 2025, with payment scheduled for September 12, 2025.
With strong overseas performance, favorable market conditions, and strategic cost management, CPF appears well-positioned to sustain growth in the coming months. The company’s ability to navigate global market challenges while maintaining operational efficiency underlines its resilience and long-term growth potential, making it a standout performer in Thailand’s food industry for 2025.
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