Charoen Pokphand Foods Plc (CPF), an agro-industrial and food conglomerate, reported a record-breaking performance in the first quarter with a net profit of 8.55 billion baht, up 642% year-on-year.
Prasit Boondoungprasert, chief executive of CPF, attributed this performance to efficiency improvements and cost reductions throughout the entire supply chain.
https://www.bangkokpost.com/business/ge ... 55bn-in-q1
What a surprise ... meanwhile, consumers are facing higher food prices and less choice ... while the bankers tell us there is deflation in Thailand.
Thailand's food monopoly records profit surge of 642% in Q1
Thailand's food monopoly records profit surge of 642% in Q1
Who is the happier man, he who has braved the storm of life and lived or he who has stayed securely on shore and merely existed? - Hunter S Thompson
Re: Thailand's food monopoly records profit surge of 642% in Q1
Yes, I saw the headline, and wondered how it was possible with Thailand reporting minus inflation figures 
Championship Plymouth Argyle 1 - 2 Leeds Utd 
Points 46; Position 23 RELEGATED
Points 46; Position 23 RELEGATED