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Asia drives seafood M&A

CP Foods Q4 profit dives on slow shrimp recovery

Thai agribusiness giant Charoen Pokphand Foods saw Q4 net profit drop by more than a half, missing forecasts, hit by a slower-than-expected recovery in its shrimp business

By Undercurrent News | Feb. 27, 2015 05:23 GMT
CP Foods plans to double 2015 shrimp output from Vietnam
A CP Foods booth at a past Boston seafood show.
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