Post by account_disabled on Dec 25, 2023 1:56:53 GMT -2
Charoen Pokphand Foods Public Company Limited, or CPF, received approval from 99% of minority shareholders for its subsidiary to acquire a swine business in China. From the Extraordinary General Meeting of Shareholders on 27 October. As a result, it has become one of the leading companies in the world's pig industry. Executives are confident that it will benefit the company and promote long-term growth. Mr. Prasit Boonduangprasert The Chairman of the CPF Executive Board said that this acquisition of pigs in China will be a good opportunity to expand the business into the Chinese pig market, which is the most valuable in the world due to its large population and popularity. in the high consumption of pigs in the country and has a tendency to grow rapidly Along with the emergence of African Swine Flu or ASF disease in China in the past 3 years, there is still no vaccine to prevent it. It is important to have healthy piglets and a breeding system that has biosafety standards in place. In addition to managing farming to preserve a good environment This is because more than half of the pigs raised in China are produced by small farmers. When an outbreak of ASF occurs, it causes high damage.
There is also a chance of being infected again when being raised Job Function Email Database again if there is no vaccine or investment in a good biosafety system. As a result, the pig farming industry has undergone structural changes. Pig farming will be a system that creates shared value. Encourage farmers to raise crops with modern management standards. The company will grow its business from expanding its customer base. Production of quality piglets and the development of the pig processing business has increased. Therefore, the shareholders approved CPF's subsidiary to invest in the pig business this time. It will help enhance the growth of operating results in the future. Currently, the company has a swine business in 7 countries, including Thailand. Vietnam, Cambodia, Malaysia began investing in the Philippines. and has joint investments in Russia and most recently in Canada The approval of minor shareholders to allow CPF to enter the integrated swine business in China This has made the company become one of the world's leaders in the swine business.
Mr. Prasit said in closing about the COVID situation that still remains. It is a challenge for the business as consumers' ability to spend is likely to decrease. However, CPF has adjusted its business model. Improve efficiency in work and production Manage expenses efficiently In addition, in many countries where it has invested, it is still expanding its market area, so it is expected that the company's operating results will continue to improve in the second half of this year. Tags Templatesyard is a blogger resources site is a provider of high quality blogger template with premium looking layout and robust design. The main mission of templatesyard is to provide the best quality blogger templates which are professionally designed and perfectlly seo optimized to deliver best result for your blog. Newer Article “Robin Hood” app for little people New food delivery option Ready to open for trial service on 26 October. Older Article SFT is ready to ring the bell to be listed on the MAI Stock Exchange on 29 October. RELATED POSTView More Investment China's largest AI-themed ETF achieves milestone. Warrant Reflecting the bright trend and increasing interest from investors around the world.
There is also a chance of being infected again when being raised Job Function Email Database again if there is no vaccine or investment in a good biosafety system. As a result, the pig farming industry has undergone structural changes. Pig farming will be a system that creates shared value. Encourage farmers to raise crops with modern management standards. The company will grow its business from expanding its customer base. Production of quality piglets and the development of the pig processing business has increased. Therefore, the shareholders approved CPF's subsidiary to invest in the pig business this time. It will help enhance the growth of operating results in the future. Currently, the company has a swine business in 7 countries, including Thailand. Vietnam, Cambodia, Malaysia began investing in the Philippines. and has joint investments in Russia and most recently in Canada The approval of minor shareholders to allow CPF to enter the integrated swine business in China This has made the company become one of the world's leaders in the swine business.
Mr. Prasit said in closing about the COVID situation that still remains. It is a challenge for the business as consumers' ability to spend is likely to decrease. However, CPF has adjusted its business model. Improve efficiency in work and production Manage expenses efficiently In addition, in many countries where it has invested, it is still expanding its market area, so it is expected that the company's operating results will continue to improve in the second half of this year. Tags Templatesyard is a blogger resources site is a provider of high quality blogger template with premium looking layout and robust design. The main mission of templatesyard is to provide the best quality blogger templates which are professionally designed and perfectlly seo optimized to deliver best result for your blog. Newer Article “Robin Hood” app for little people New food delivery option Ready to open for trial service on 26 October. Older Article SFT is ready to ring the bell to be listed on the MAI Stock Exchange on 29 October. RELATED POSTView More Investment China's largest AI-themed ETF achieves milestone. Warrant Reflecting the bright trend and increasing interest from investors around the world.