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Weak domestic Q1 for CP Foods’ aquatic branch offset by Vietnam growth

The operating profit margin at CP Foods' Thai aquaculture division went into the red for the first time in three years during the first three months of 2019

By Dan Gibson | May 15, 2019 13:59 BST
CP Foods
Charoen Pokphand Foods' stand at the Thaifex - World of Food Asia trade show, held in Bangkok, Thailand in May 2018. Credit: Tom Seaman
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Thai food conglomerate Charoen Pokphand Foods (CPF) has endured a weak first quarter to 2019 at its domestic aquaculture division, although this has been offset by a strong quarter for its shrimp farms in Vietnam.  [...]

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