CPF reveals Q3 of 64 still affected by Covid-19 Strict control of the factory

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August 17, 2021
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August 17, 2021 – 13:41

CPF reveals Q3 of 64 still affected by Covid-19 Strict control of the factory non-stop production Ready to set an investment budget of 25 billion baht this year

Mrs. Kobboon Srichai, Secretary and Head of Investor Relations and Capital Market Department, Charoen Pokphand Foods Public Company Limited (CPF) revealed at the “Opportunity Day” event that in the second half of the year The company has also been affected by the COVID-19 outbreak. Delta species As a result, the company has to control the safety in the factory as much as possible. in order not to affect the production line. without interruption affecting income

As for the pressure factor for business operations in the third quarter of 64, it was seen that China’s lockdown in some provinces to control the new Covid-19 epidemic caused meat consumption to slow down. especially the pig business There is a tendency for sales to decrease somewhat. As a result, the overall business outlook has slowed down from the second quarter of 2021, affected by COVID-19. In the view that if the situation improves, it is expected that in the 4th quarter, there will be a return to recovery.

At the same time, the current depreciation of the baht has a positive effect on the export of goods for sale. But on the other hand, it is a factor affecting higher raw material costs. because the company had to import some raw materials As for the investment budget this year, set at 25 billion baht, it is still under consideration for investment.