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Analysis

Brokerage slashes CP Foods profit forecast by third

With shrimp operations unlikely to improve until 2014, Bualuang Securities has cut its forecast and downgraded its rating for the Thai firm

By Undercurrent News | July 29, 2013 08:35 BST
CP Foods plans to double 2015 shrimp output from Vietnam
A CP Foods booth at a past Boston seafood show.
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Bualuang Securities has cut its forecast and downgraded its rating for Charoen Pokphand Foods, with shrimp operations unlikely to improve now until 2014 [...]

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