CPF’s revenue rises 27% in Q3 2022

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Thailand’s CP Foods (CPF) posted USD 4.5 billion in revenue for Q3 2022, up 27% yoy. Revenue from local operations rose 26%, while overseas businesses grew 28%. Net profit was USD 143.2 million, compared to a loss of USD 150.7 million in Q3 2021. Gross profit rose 15% over 9% the previous year. CEO...

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Editor, Asian Meat Magazine and Meat Insider, Bangkok, Thailand. Discusses the business opportunities, challenges and price gaps of meat and alternative proteins with Maarten Geraets of Thai Union Group in the podcast, ‘Capturing plant-based business opportunities’.