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Shrimp EMS

CP Foods headed for $30.8m shrimp unit loss in Q1

Shrimp unit dives 95% more than in last years first quarter, but financial firm still predicts it will break even by mid-year

By Undercurrent News | April 2, 2014 16:45 BST
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Bualuang Securities is predicting Charoen Pokphand Foods' Thai shrimp unit will post a THB 1 billion ($30.8 million) operating loss for the first quarter, which is 95% deeper loss than last year's first quarter. [...]

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