Charoen Pokphand Foods Public Company Limited (CPF) operates an integrated agro-industrial and food business. With the goal of creating food security under the vision of being the "Kitchen of the World" with sustainable growth, it has production bases through investments and joint ventures in 17 countries worldwide. CPF is committed to developing and delivering nutritious and palatable products to consumers. With production processes and operations that maintain a balance between economic success and creating shared value with all stakeholders based on good corporate governance.
Mission: CPF operates vertically integrated agro-industrial and food businesses to offer top quality products in terms of nutrition, taste, food safety, and traceability. CPF is determined to build business growth in strategic locations with the focus to maintain world-class, modern production process as well as efficient and ecofriendly consumption of natural resources in order to enhance its competencies and competitive edge on an international level. We take into account the interests of all stakeholders to ensure sustainable growth, while being able to continuously generate appropriate returns to shareholders.
| 6M26 | 6M25 | 2025 | 2024 |
|---|
| Revenues | 285,995.09 | 294,012.80 | 575,878.87 | 585,467.81 |
| Expenses | 264,908.51 | 261,398.24 | 525,055.78 | 548,763.16 |
| Net Profit (Loss) | 8,950.76 | 18,925.72 | 25,197.49 | 19,558.13 |
| Assets | 900,763.94 | 871,452.26 | 861,796.08 | 876,723.93 |
| Liabilities | 630,368.81 | 607,959.29 | 609,936.60 | 583,500.39 |
| Shareholders' Equity | 250,316.05 | 243,548.07 | 232,751.53 | 246,040.67 |
| Operating | 21,809.97 | 46,319.39 | 71,565.43 | 65,140.04 |
| Investing | -5,977.45 | -2,464.16 | -9,549.65 | -14,492.72 |
| Financing | -14,171.86 | -42,612.23 | -61,834.35 | -50,289.01 |
| EPS (Baht) | 1.11 | 2.38 | 3.12 | 2.39 |
| GP Margin (%) | 15.27 | 19.07 | 16.93 | 14.64 |
| NP Margin (%) | 3.45 | 7.15 | 4.97 | 3.81 |
| D/E Ratio (x) | 2.33 | 2.31 | 2.42 | 1.99 |
| ROE (%) | 6.16 | 12.11 | 10.53 | 8.06 |
| ROA (%) | 5.18 | 7.58 | 7.06 | 5.96 |
CPF has established a globalization strategy by leveraging its expertise in a fully integrated agricultural business model to invest in various countries. Simultaneously, CPF employs a value-added business strategy by enhancing nutritional value for consumers, responding to evolving consumer behavior, and developing and expanding distribution channels to ensure widespread product accessibility. Furthermore, the company's strategy includes fostering innovation for operational efficiency and utilizing digital transformation to maintain competitive costs, thereby elevating its competitiveness to the forefront of the industry. In addition, CPF prioritizes sustainable operations, balancing economic success with value creation for all stakeholders, including the responsible utilization of resources, under the philosophy of sufficiency economy and the Charoen Pokphand Group's 3-Benefit Sustainability Philosophy, which aims to create benefits for the country, the people, and the company, based on good corporate governance.
For further Information in the 2025 Sustainability Report https://sustainability.cpfworldwide.com/th/document/sustainability-reports)
CPF's integrated agro-industrial and food business can be categorized by product type into 3 categories: 1) Feed business, including the production and distribution of animal feed; 2) Farm-Processing business, including animal breeding, commercial livestock farming, and basic meat processing; and 3) Food business, including the production of semi-cooked and cooked processed meats, and the production of ready-to-eat meals, as well as the restaurant business.
In 6M/2026, net profit attributable to the Company was THB 8,951 million, a decrease of 53%, due to the followings :
- The Company recorded sales revenue of THB 283,883 million, a decrease of 3% from the previous year, resulted from the translation of foreign operations into Thai Baht, mainly of Vietnam, Turkey, the Philippines, and India currencies. Excluding the impact, sales revenue was relatively flat, with meat prices in several countries declining according to oversupply conditions and slowing purchasing power, particularly swine prices in Thailand and the Philippines, which decreased from the high base in the previous year. Meanwhile, sales revenue in China decreased due to slower demand for animal health and nutrition products.
- Gross profit was THB 43,340 million, a decrease of 22% due to lower meat prices and higher costs of fuel, transportation, and animal feed raw materials.
- Share of profit of associates and JV decreased by 63%, mainly due to losses from the swine business in China through an associate company (holding a 35% stake), resulting from the decline in swine prices in China. This was due to oversupply conditions arising from the rapid capacity expansion by major operators in the prior period, combined with slowing purchasing power in line with domestic economic conditions.
- CPF through a subsidiary, CPFO acquired 100% of Novomyasovo LLC., which owns pig farms and land in Russia currently leased by CPFO.
- The company reduced its capital by cancelling 1.95% of its repurchased shares and registered the capital reduction with the Ministry of Commerce on July 3, 2026, resulting in 8,243,060,785 issued and paid-up shares.
- The Board of Directors approved an interim dividend payment of 2026 at 0.45 Baht/share. The dividend payment date is September 11, 2026.
More information can be found in the company's 2025 Annual Report (Form 56-1 One Report).
(https://www.cpfworldwide.com/th/investors/report-56-1)
FinanceAsia Asia's Best Companies 2026 Organized by Finance Asia magazine, 5 awards, namely ; Best CEO ;Women's Leader Best Use of Technology; Best Managed Company; and Best Managed Company, Consumer Staples.
16th Asian Excellence Awards 2026 Organized by Corporate Governance Asia magazine, 6 awards, namely; Asia's Best CEO: ; Asia's Best CFO: Best Investor Relations Professional; Sustainable Asia Award ; Best Investor Relations Company and Best Corporate Communications.
THAILAND TOP CEO OF THE YEAR 2026 in the Agriculture and Agro-Industry category, presented by Business + magazine.
| as of 30/06/26 | CPF | FOOD | SET |
|---|---|---|---|
| P/E (X) | 7.43 | 12.04 | 16.92 |
| P/BV (X) | 0.65 | 1.21 | 1.46 |
| Dividend yield (%) | 6.43 | 5.30 | 4.02 |
| 30/06/26 | 30/12/25 | 30/12/24 | |
|---|---|---|---|
| Market Cap (MB) | 164,776.47 | 183,271.78 | 191,829.36 |
| Price (B/Share) | 19.60 | 21.80 | 22.80 |
| P/E (X) | 7.43 | 6.30 | 12.12 |
| P/BV (X) | 0.65 | 0.75 | 0.78 |
