Charoen Pokphand Foods Public Company Limited (SET: CPF) reported a net profit of 25,197 million baht for 2025, marking a 29% increase from 2024. The improvement was primarily driven by stronger gross profit margins.
In 2026, the company continues prioritize growth through “sustainovation” and enhanced cost efficiency by strategic integrating digital technologies across operations.
For 2025, CPF recorded total sales revenue of 571,135 million baht, a 2% decrease from the previous year. The decline was mainly due to the appreciation of the Thai baht, which affected the translation of financial results from overseas operations.
On a local currency basis, however, sales revenue increased by 3% year-on-year, largely driven by growth in overseas businesses.
Revenue contribution was distributed as follows: 62% from overseas operations, 5% from exports to approximately 50 countries, and 33% from domestic operations in Thailand.
CPF operates in 13 countries where production is primarily for domestic distribution, including Vietnam, China (including Taiwan), Russia, the Philippines, Cambodia, the United States, Malaysia, the United Kingdom, India, Türkiye, Laos, Belgium and Sri Lanka.
Improved operational efficiency across the supply chain, combined with tighter production cost controls, supported stronger profitability. Raw material costs declined — particularly soybean meal prices — while the company maintained strict food safety standards and rigorous biosecurity measures. In addition, average regional pork prices were higher than the previous year, especially during the first half of 2025.
As a result, CPF’s gross profit increased by 14% compared with 2024, with the gross profit margin improving to 16.9%, up from 14.6% in the previous year.
Prasit Boondoungprasert, Chief Executive Officer of CPF, said the company’s performance reflects its continued efforts to strengthen business fundamentals, adapt to a changing operating environment, and enhance asset management with a focus on operational and investment efficiency.
Despite facing multiple challenges — including a subdued economic environment, foreign exchange pressure from a stronger Thai baht, and intensified industry competition — CPF achieved net profit of 25,197 million baht in 2025, he said.
Looking ahead to 2026, CPF remains focused on strengthening food security in both normal and crisis situations. The company will continue to pursue consistent growth by advancing its “Sustainovation” strategy, enhancing asset efficiency, accelerating digital transformation across the organization, and developing products that respond to evolving consumer needs. CPF expects its 2026 performance to remain strong and continue the positive momentum from 2025.
The Board of Directors approved a second dividend payment of 0.25 baht per share for 2025. Combined with the interim dividend of 1.00 baht per share paid on September 12, 2025, the total dividend for the year amounts to 1.25 baht per share — the highest annual dividend in the company’s history.
The proposal will be submitted for shareholder approval at the Annual General Meeting No. 1/2026 scheduled for April 23, 2026.
In addition, the Board of Directors resolved to propose to shareholders an increase in the company’s bond issuance program by 50 billion baht. The increase will provide greater flexibility to refinance existing loans with more cost-efficient funding sources.
