Bangkok--6 May--CPF
Charoen Pokphand Foods PLC (CPF) said that the company is ranked in the top 2000 leading global companies that are the biggest, most powerful in the world in 2011 according to Forbes magazine. The Forbes Global 2000 report ensures that CPF has performed successful strategies.
For several years, CPF has continued focus on its strategy to create sustainable growth by emphasizing on an expansion of food business under CP brand, market diversification, expansion of distribution channels both in Thailand and overseas and overseas expansion in high potential countries, in order to reach its vision to be the “Kitchen of the World”. For the year 2010, CPF’s sales was Baht 189,049 million, increased 15% from 2009. Net profit was Baht 13,563 million or earnings of Baht 2.04 per share, an increase of 33% from 2009 net profit.
Forbes' ranking of the world's biggest companies based on an equal weighting of sales, profits, assets and market value to rank companies according to size. CPF is recognized as top 2000 listed companies in the world for the second consecutive year and this year is ranked in higher position.
Apart from Thailand operations, CPF has invested in 11 countries namely Turkey, Russia, Laos, Taiwan, United Kingdom, Malaysia, India, China, the Philippines, Vietnam, and Cambodia. The company’s sales representatives located in 16 countries and exported to more than 40 countries worldwide.