CPF Showcases 50% Profit Growth in 2Q25, Boosted by High Product Margin and Meat Prices

Charoen Pokphand Foods Public Company Limited (SET: CPF) has announced its 2Q25 consolidated financial statement through the Stock Exchange of Thailand as follows:

Quarter 2Q25 2Q24
Net Profit (Loss)
Million Baht
10,376.54 6,924.59
Earning Per Share
(Baht)
1.31 0.86
% Change 49.85
6 Months 6M25 6M24
Net Profit (Loss)
Million Baht
18,925.72 8,076.62
Earning Per Share (Baht) 2.38 0.97
% Change 134.33

CPF reported a net profit of THB 10,377 million in the second quarter, representing a 50% increase from the same period of last year. The increase was primarily due to an improvement in gross profit margin from 15.4% in the second quarter of 2024 to 19.8% in 2Q25. This is due to an enhanced production efficiency throughout the supply chain, such as effective raw material cost management, emphasis on production safety standards and strict disease prevention, including effective expense management. More importantly, the outbreak of animal diseases has resulted in high meat prices in the region, due to a decline in market supply.

The company reported sales revenue of THB 147,595 million, reflecting a 1.3% decrease compared to the same period last year, due to the effect of foreign currency translation of international operations financial statements. Excluding the mentioned impact, sales revenue would have increased by 5% year-over-year. The sales revenue composition is as follows: 62% from international operations and 38% from Thailand operations (comprising 32% from Thailand domestic operations and 6% from Thailand export operations).

Share of profit of associates and joint ventures amounted to THB 3,587 million, an increase by 7%, primarily driven by the improved operating performance of CP All Public Company Limited and international joint ventures.

In addition, the Board of Directors approved a dividend payment of THB 1.00 per share to be paid on 12 September 2025 with an ex-dividend date on 29 August 2025.