CP Foods reports lower sales in 2023

289

CP Foods reported a sales revenue of USD 16.27 billion in 2023, down by 4.6% yoy due to lower swine prices and foreign exchange volatility. Its gross profit decreased by 25% to USD 1.7 billion in 2023. It said swine prices decreased by 15% on average, mainly due to price decreases in Thailand, Vietn...

Sign in  as a member, or Join our Community  for free to unlock the full article.

Asian Agribiz Team
Based in Bangkok, Colombo, Ho Chi Minh City, Jakarta, Kuala Lumpur, Manila