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November 27, 2013

Thailand

CPF Forecasts Shrimp Recovery in 2014

 

Adirek Sripratak, president and chief executive of Charoen Pokphand Foods (CPF), expects its sales will recover next year, as problems with early mortality syndrome (EMS) are resolved.  He admits, however, that this year's sales will fall far short of his 15% growth target because of the sharp drop in shrimp production.

 

Source: The Bangkok Post/Business.  Jumbo CPF Forecast as Shrimp Gains/Problems with EMS Likely Resolved.  November 27, 2013.

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