CP Foods First-Half 2025 Profit Jumps 134% on Strong Overseas Growth; Declares THB 1.00 Interim Dividend

Mr. Prasit Boondoungprasert, Chief Executive Officer of CP Foods, reported total sales of THB 291,770 million for the first half of 2025. International operations accounted for 62% of sales, exports contributed 5%, and domestic sales made up the remaining 33%. The company, together with its joint ventures in 16 countries, exports food products to more than 50 countries worldwide. Measured in local currencies, sales grew by approximately 6% year-on-year; however, the appreciation of the Thai baht led to a 1% decline in reported sales in the financial statements.

The substantial rise in net profit was supported by higher average prices for poultry and pork in multiple markets, driven by tighter global meat supplies amid widespread animal disease outbreaks—including avian influenza in more than 40 countries and African Swine Fever (ASF) in parts of Asia. Lower feed costs, combined with disciplined cost management, further strengthened profit margins.

CP Foods reaffirmed its commitment to ensuring food safety and quality across its global supply chain. Leveraging innovation and robust epidemic prevention systems, the company has successfully mitigated livestock disease risks, safeguarding both production stability and consumer trust.

Looking ahead, Mr. Prasit expressed confidence that performance in the second half of 2025 will continue its positive momentum. On the U.S. trade front, he noted that shrimp exports to the United States account for less than 0.1% of total sales. CP Foods already operates ready-to-eat food production facilities within the U.S. and plans to expand its footprint further, aligning with its localization strategy—producing and selling directly within each country.

On August 14, 2025, CP Foods' Board of Directors approved the payment of an interim dividend of THB 1.00 per share for the first-half 2025 results. The record date for eligible shareholders is September 1, 2025, with the dividend scheduled for payment on September 12, 2025.

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