Thick Cuan Charoen Pokphand (CPIN)
- JAKARTA (March 30, 2025) – PT Charoen Pokphand Indonesia Tbk (CPIN) reported a significant increase in net profit for the fourth quarter of 2024, reaching Rp 1.3 trillion.
- The company's strong Q4 performance boosted its total net profit for 2024 to Rp 3.7 trillion, marking a 60% year-over-year increase.
- According to a review by Stockbit Sekuritas Investment Analyst Reynaldo Mulya, the results align with expectations.
Charoen pokphand Indonesia Sees Notable Profit Surge in 2024
Table of Contents
- Charoen pokphand Indonesia Sees Notable Profit Surge in 2024
- Charoen Pokphand Indonesia (CPIN) 2024 Profit Surge: A Q&A
- What is Charoen Pokphand Indonesia (CPIN)?
- What were the key financial highlights of CPIN in 2024?
- How did the fourth quarter of 2024 contribute to the overall profit?
- What did analysts say about CPIN’s performance?
- What factors contributed to CPIN’s increased profitability in 2024?
- What was the broiler segment’s performance in 2024?
- How did the DOC (Day-Old Chicks) segment perform in 2024?
- Here’s a table summarizing the key financial data:
JAKARTA (March 30, 2025) – PT Charoen Pokphand Indonesia Tbk (CPIN) reported a significant increase in net profit for the fourth quarter of 2024, reaching Rp 1.3 trillion. This represents a 114% jump compared to the previous quarter and a significant rise from Rp 357 billion in the same period of 2023.
The company’s strong Q4 performance boosted its total net profit for 2024 to Rp 3.7 trillion, marking a 60% year-over-year increase.
Analyst Views on CPIN’s Performance
According to a review by Stockbit Sekuritas Investment Analyst Reynaldo Mulya, the results align with expectations. “That is in line with stockbit expectations because it reaches 98% of the estimated 2024, but exceeds consensus expectations because of about 115% of the estimation,” Mulya wrote.
Mulya noted that Charoen Pokphand Indonesia’s performance in the fourth quarter was notably strong,driven by improvements in the broiler segment and robust animal feed sales.
Key Factors Driving Profitability
The increase in CPIN’s profitability for 2024 was largely attributed to improved operating profit margins in the broiler segment and day-old chicks (DOC) segment. These segments rebounded from losses in 2023 to become significant contributors to the company’s bottom line.
CPIN reported an operating profit of Rp 1.1 trillion in the broiler segment, a stark contrast to losses in the third quarter of 2024 and the fourth quarter of 2023.The company noted this as the highest quarterly operating profit ever recorded in that segment.
The broiler segment’s operating profit for the full year 2024 reached Rp 2 trillion, a turnaround from losses experienced between 2021 and 2023.
The DOC segment also saw significant gains, posting an operating profit of Rp 157 billion, a 137% increase compared to the previous quarter. This growth was fueled by a 14% increase in the average price of DOC to Rp 6,144 per chick. As a result, the DOC segment’s operating profit for 2024 reached Rp 461 billion, reversing a loss of Rp 302 billion in 2023.
looking Ahead
While specific recommendations and target stock prices were not included in the provided text, the strong financial performance of Charoen Pokphand Indonesia in 2024 suggests a positive outlook for the company.
Charoen Pokphand Indonesia (CPIN) 2024 Profit Surge: A Q&A
What is Charoen Pokphand Indonesia (CPIN)?
Charoen Pokphand Indonesia Tbk (CPIN) is a company that focuses on various aspects of the agribusiness and food industry.
What were the key financial highlights of CPIN in 2024?
In 2024, CPIN reported a significant increase in net profit, reaching Rp 3.7 trillion. This represented a 60% year-over-year increase. The company’s Q4 2024 performance was especially strong, with net profit hitting Rp 1.3 trillion, a 114% jump compared to the prior quarter and a significant increase from Rp 357 billion in the same period of 2023.
How did the fourth quarter of 2024 contribute to the overall profit?
The fourth quarter of 2024 was a major driver of the company’s profitability. The Rp 1.3 trillion net profit reported for Q4 was a significant factor in the overall positive performance for the year. This represents a strong turnaround and is indicative of the company’s growth.
What did analysts say about CPIN’s performance?
According to Stockbit Sekuritas Investment Analyst Reynaldo Mulya,the results aligned with expectations. Mulya wrote, “That is in line with stockbit expectations as it reaches 98% of the estimated 2024, but exceeds consensus expectations because of about 115% of the estimation.” He notably pointed out the robust improvements in the broiler segment and solid animal feed sales as key drivers.
What factors contributed to CPIN’s increased profitability in 2024?
the improved operating profit margins in the broiler and day-old chick (DOC) segments were the primary drivers of the increased profitability. These segments rebounded from losses in 2023 to become significant contributors to the company’s bottom line.
What was the broiler segment’s performance in 2024?
The broiler segment showed a marked betterment. CPIN reported an operating profit of Rp 1.1 trillion in the broiler segment in Q4 2024, which was the highest quarterly operating profit ever recorded in this segment. For the full year 2024, the broiler segment’s operating profit reached Rp 2 trillion, a considerable turnaround from losses between 2021 and 2023.
How did the DOC (Day-Old Chicks) segment perform in 2024?
The DOC segment also experienced significant gains. The segment posted an operating profit of Rp 157 billion, which was a 137% increase compared to the previous quarter. This growth was driven by a 14% increase in the average price of DOC to Rp 6,144 per chick. For the full year 2024, the DOC segment’s operating profit reached Rp 461 billion, reversing a loss of Rp 302 billion in 2023.
Here’s a table summarizing the key financial data:
| Metric | 2024 (Full Year) | Previous Year | Quarter 4 2024 |
| :—————- | :—————- | :———— | :————- |
| net Profit | Rp 3.7 Trillion | N/A | Rp 1.3 Trillion |
| Broiler Segment Operating Profit | Rp 2 Trillion | Losses between 2021-2023 | Rp 1.1 Trillion|
| DOC Segment Operating Profit | Rp 461 billion | Rp 302 Billion Loss | Rp 157 Billion |
| Average DOC Price | Rp 6,144 per Chick | N/A | N/A |
## Does this report provide any future outlook for CPIN?
While the provided article doesn’t include specific investment recommendations or target stock prices, the strong financial performance in 2024 suggests a positive outlook for Charoen Pokphand Indonesia.