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News: CP Foods
CPF’s revenue up 16% in Q1 2022
Thailand’s CP Foods (CPF) reported sales of USD 4 billion in Q1 2022, up 16% year-on-year (yoy). CPF’s revenue in Thailand rose 13%, while...
CPF signs MOU with Uoriki to import Japanese seafood
Thailand’s CP Foods (CPF) signed an MOU with Uoriki, a Japanese seafood retailer, to import premium fish and seafood. Uoriki engages in the wholesale...
CP Vietnam planning to list on stock exchange
Thailand's CPF said its subsidiary, CP Vietnam Corporation (CPV), is planning to list on the Ho Chi Minh stock exchange once relevant authorities approve...
CPF launches new Benja chicken product in Thailand
Thailand’s CPF has launched its new Benja chicken product, chicken breast without skin under the U Farm brand, in 7-Eleven convenience stores.
CPF has introduced...
Animal protein companies ramp up investments in Asia
To meet rising demand, leading animal protein producers plan big investment to boost production capacity, automation, and the number of retail channels in Asia,...
Animal protein companies ramp up investments in Asia
To meet rising demand, leading animal protein producers plan big investment to boost production capacity, automation, and the number of retail channels in Asia,...
Plant-based grows alongside animal protein in Asia
Asia has long led in vegetarianism and vegan diets, mostly for cultural and religious reasons. Our menus and offerings are diverse, nourishing and now,...
CPF launches plant-based foods in Singapore, Hong Kong
CP Foods has launched its plant-based 'Meat Zero' brand in Singapore and Hong Kong. CEO Prasit Boondoungprasert said they see opportunities as the number...
New flavor for alternative feed ingredients, sources
Feed ingredient prices and import challenges continue to rock animal protein production in Asia. But producers continue to find ways to balance production costs...
Covid-19 weighs in on CPF’s Q3 earnings
CP Foods reported a net loss of USD 164 million in Q3 2021 as Covid-19 impacted operating expenses and consumer purchasing power. Sales revenue...
CP Foods terminates pig farming business deal in Russia
CP Foods has terminated plans to acquire Russia’s BiltOil LLC, which owns a company that operates a pig farming business in Moscow. However, CPF...
CPF to boost cage-free egg production
CP Foods plans to increase its cage-free egg production by 30% annually to meet growing demand. It expects to produce 16 million cage-free eggs...
‘Greening’ the livestock sector
Climate change, the nudge towards clean energy and environmental awareness are coming together to give livestock agriculture a ‘green moment’ and Asia is in...
CP Foods launches chicken and pork with probiotics
CP Foods has launched a raw chicken and pork series, called CP Selection, produced from chickens and pigs fed with probiotics, vitamins, and other...
CP Foods’ records net profit drop of 21%
Thailand's CP Foods reported a net profit of USD 142.18 million in Q2 2021, down 21% yoy, as the company realized a loss of...
