Earnings Report /
Thailand

Charoen Pokphand Foods: Core profit disappoints; YoY core profit tumble foreseen for 3Q21

  • Core profit undershot our model

  • CPF posted a 2Q21 net profit of Bt4.74bn

  • We model a Bt4.5bn core profit for 3Q21, down 38% YoY

Prasit Sujiravorakul
Prasit Sujiravorakul

Equity Research Analyst

Bualuang Securities
16 August 2021