CP Foods’ revenue hits new record in Q2, but profit drops

Published on
August 19, 2022
A CP Foods processing plant.

Bangkok, Thailand-based food giant CP Foods saw its revenue hit all-time high in the second quarter, but its net profit declined.

The company’s total revenue over April-June was at THB 155.996 billion (USD 4.4 billion, EUR 4.34 billion), an increase of 20 percent from last year, CP Foods said in a statement on 15 August showed.

Of that total, its operations in Thailand brought …

Photo courtesy of SARIN KUNTHONG/Shutterstock 

Contributing Editor reporting from Hanoi, Vietnam

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