CPF vows to keep food prices unchangedCharoen Pokphand Foods (CPF) Plc, a leading integrated agro-industrial and food conglomerate, says it will keep its meat and food prices unchanged for at least two months as the company uses local sources for most of its raw materials. Up to 70% of total costs stem from animal feed materials, including corn and tapioca, which are sourced locally. He said CPF is intensifying its shift from a purely agro-industrial operator to a high-value food vendor, scaling up production of higher-margin ready-to-eat meals and processed food. The company's food-base portfolio accounted for 25% of its total revenue in 2025 valued at 120 billion baht, compared with zero in 2023. CPF posted a net profit of 25.2 billion baht in 2025, up 29% year-on-year, attributed to overseas operations, which now account for two-thirds of the company's total sales.

Source: Bangkok Post March 24, 2026 22:35 UTC