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Brokerage: CP Foods shrimp unit to make net profit by 2017

Higher prices and volumes should boost 2016 and 2017 for CP Foods' aqua unit, giving best result since EMS hit in 2012, says SCB Securities

By Undercurrent News | July 12, 2016 09:44 BST
CP Foods
Shrimp and other seafood on the Charoen Pokphand Foods stand at the 2016 Thaifex: World of Food Asia show, held in Bangkok, Thailand.
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The shrimp business unit of Charoen Pokphand Foods should return a net profit in 2017, according to a note from brokerage SCB Securities [...]

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