CPF Booked a Tremendous Profit of ฿5.9 Billion in 2Q18! Board Promised 0.35 Dividend
An amazing quarter for CPF, after a 45% jump in growth while recorded an earning of ฿5.9 billion baht in profit for their 2Q18 consolidated financial statements.
Charoen Pokphand Foods Public Company Limited (CPF) proudly announced their 2Q18 consolidated financial statements through SET to show a 45% growth from the same period of last year.
CPF’s revenue from sale in the second quarter of 2018 was 136 billion baht, increased by 8% from the second quarter of 2017 of 126 billion baht as a result of the 16% increase of sales from international operations whereby sales from Thailand operation decreased by 5%.
Meanwhile, CPF booked almost 5.9 billion baht as a net profit from 2Q18, which increased from the same period of the previous year by 45% from 4 billion baht. This increase was mainly from the international sales, especially in Vietnam, India and China.
After the meeting that was convened on August 10, 2018, the Board of Directors approved the interim dividend payment at THB 0.35/share, and the payment will be made on September 7, 2018.
