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News: CP Indonesia

CP Indonesia’s capex in 2024 for maintenance, expansion

Charoen Pokphand Indonesia will prioritize the allocation of its capital expenditure this year for maintenance and expansion. This year’s capex was set at USD...

CP Indonesia records triple-digit growth in Q1 profit

Charoen Pokphand (CP) Indonesia recorded a 195% yoy growth in net profit in Q1 2024 to USD 44.21 million. Its net sales during the...

CP Indonesia absorbs farmers’ corn in Bone

CP Indonesia recently purchased corn from farmers in Bone, South Sulawesi. In collaboration with Bisi International, 11 tons of corn were purchased for USD...

CP Indonesia powers up with renewable energy

CP Indonesia has installed a solar power plant (PLTS) to start the company's transition to new and renewable energy. Production General Manager Aditya Taufiq...

Sinarmas predicts lower profit for CP Indonesia

Sinarmas Securities predicts CP Indonesia’s net profit will reach USD 232.63 million this year. Analyst Michael Filbery said the figure is 16% lower than...

CP Indonesia supports prevention of stunting

CP Indonesia remains committed to combating child stunting in the country. From December 2023 to February 2024, the company will donate 4 tons of...

CP Indonesia donates broiler closed house to NSU

CP Indonesia recently inaugurated the opening of a broiler closed house donated to the North Sumatera University as a teaching farm. “This is our...

CP Indonesia expects higher profits going forward

CP Indonesia is forecast to record net profit rebounds in the upcoming quarters, according to capital market company Mirae Asset Sekuritas. Mirae’s analyst Emma...

CP Indonesia’s layer PS flock performance celebrated

Hy-Line International has recognized the exceptional performance of the Cikeusal farm of Charoen Pokphand Jaya, led by Sirisak Issrangkura Na Ayutthaya, Business Unit Head...

CP Indonesia allocates USD114m for efficiency

CP Indonesia will improve efficiency to generate better margins, with a capex allocation of USD 114 million this year. President Director, Tjiu Thomas Effendy...

CP Indonesia’s net profit down 79% in Q1 2023

Sluggish sales and rising expenses pulled down CP Indonesia’s Q1 net profit. As of March, the company only raised USD 16.4 million, down nearly...

CP Indonesia launches new nugget variant

Indonesians’ chicken nugget options just got wider after CP Indonesia launched its crispy bubble nugget under its ‘Fiesta Ready To Go’ brand. Gun Affandy,...

CP Indonesia’s subsidiary to export eggs to Singapore

Singapore approved table egg imports from Gizindo Sejahtera, a layer farm in Panamping, Banten province. The farm is a subsidiary of CP Indonesia. The...

CP Indonesia’s 2022 sales up, net profit down

Charoen Pokphand Indonesia booked nearly 10% sales growth to USD 3.79 billion last year, driven by sales of broiler, animal feed, and processed food....

CP Indonesia to launch premium RTE sausage

CP Indonesia has a new RTE sausage under its ‘Fiesta Ready To Go’ brand. The company will launch the premium sausage on March 30....

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