Earnings Report /
Thailand

Charoen Pokphand Foods: Missed estimates big time; shallower core loss expected in 4Q21

  • Reversal into 3Q21 core loss; missed our model significantly

  • CPF posted a 3Q21 net loss of Bt5.37bn

  • We model a Bt484m core loss for 4Q21

Prasit Sujiravorakul
Prasit Sujiravorakul

Equity Research Analyst

Bualuang Securities
15 November 2021