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News: CP Pokphand

CP Pokphand expects USD15-20m loss

CP Pokphand expects a consolidated loss of USD 15-20 million for January-September 2021 period, compared to a USD 496 million profit the year before....

Poor prices hit CPP profits in China

Hong Kong-based CP Pokphand Co Ltd (CPP) has been hit by poor prices. Profits for the six months ending 30 June 2021 to be...

Hogs hold up gainers

The spotlight this week was trained on financial results.  Happily, there appears to be more gainers than losers, and even the latter came out...

CP Pokphand’s revenue up by 24.0%

CP Pokphand Co Ltd increased revenue by 24.0% in 2020 to USD 4,333 million, with a gross profit of 29.6% (2019 20.0%). This excludes...

LATEST: CP transfers ownership of Chinese pig assets

Charoen Pokphand Group will transfer its China-based pig businesses to Hong Kong-listed CP Pokphand. CP Pokphand will consolidate this business with its existing China-based operations to create a feed milling, swine farming, slaughtering, and food processing business to be jointly owned by the two companies.

CP Pokphand foreshadows profit jump

A four-fold increase in first half profits has been foreshadowed by the directors of Hong Kong-based CP Pokphand Co Ltd. Based on preliminary information...

CP Pokphand lifts revenue 3.7% in 2019

- Profit at Hong Kong-based CP Pokphand Co Ltd increased 22.8% to USD 346 million in 2019 on a 3.7% increase in revenue to USD 6,961 million.

Higher pig prices in Vietnam boost CP Pokphand Co Ltd

- An increase in profit margins of the Vietnam farming business and a significant positive net change in fair value of biological assets in the fourth quarter of 2019 has led Hong Kong-based CP Pokphand Co Ltd to announce that the company is expecting a consolidated profit in the range of USD 330 million to USD 350 million for the year ended 31 December 2019 as compared to USD 282 million for the previous year.

ASF knocks CP Pokphand profit in Vietnam

A 23% drop in profit over the first six months of the year at Hong Kong-based CP Pokphand Co Ltd has been attributed to...

CP Pokphand profit drops 23% as ASF bites

- CP Pokphand Co Ltd has reported a 23% decline in profit to USD 82 million for the first half of 2019.

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