Earnings Report /
Thailand

Charoen Pokphand Foods: In-line results; solid YoY core profit rise expected for 2Q21

  • Earnings in line with model; equity income from CPALL missed

  • CPF posted a 1Q21 net profit of Bt6.95bn

  • We model a Bt6bn core profit for 2Q21

Prasit Sujiravorakul
Prasit Sujiravorakul

Equity Research Analyst

Bualuang Securities
17 May 2021

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