CPF reports Q3 2026 net profit of THB 5,227 million, up year on year

Amid global economic challenges and volatility in the meat and food industries, Charoen Pokphand Foods Public Company Limited (CPF) is focusing on operational efficiency, risk management, and managing its supply chain from end to end to support growth alongside farmers and business partners. Its operations in 16 countries help the company diversify risk and respond more flexibly to changes in global markets, strengthening its long-term competitiveness.

Prasit Boondoungprasert, Chief Executive Officer of CPF, said food and agribusiness companies continue to face economic volatility, shifts in supply and demand across markets, production cost pressures and geopolitical tensions. These factors are affecting operations across the industry.

CPF’s sales revenue rose 8% year on year to THB 149,120 million in the third quarter of 2026. CPF faced economic challenges and higher freight and raw material costs in several of its markets during the quarter. A higher share of profits from associates following the restructuring of feed and swine operations in China helped lift net profit attributable to CPF shareholders to THB 5,227 million, up approximately 1% year on year.

For the first nine months of 2026, net profit attributable to CPF shareholders fell 41% year on year to THB 14,177 million. First-half performance was affected by lower hog prices than in the first half of 2025, an oversupply of meat in several countries and higher overall costs stemming from the conflict in the Middle East.

Prasit said he expected economic challenges to persist in several countries into 2027. CPF is working to improve efficiency throughout its supply chain, from raw material sourcing and production to processing and distribution. The company is applying digital technology, artificial intelligence (AI) and agricultural technology (AgriTech) to improve production efficiency, manage costs and strengthen its competitiveness.

Climate variability and geopolitical tensions have also underscored the importance of food security. CPF sees food as a strategic asset and is focusing on creating more value for consumers while improving production efficiency. The company is applying advanced technology, automation and AI throughout its value chain to better meet consumer expectations.

CPF is also developing products with customers and business partners to meet differing consumer needs across markets. The company continues to manage risks proactively and work with farmers and business partners to strengthen the supply chain and grow together sustainably.