Charoen Pokphand Foods PCL (CP Foods) announces strong rebound in Q2/2024 performance, surpassing expectations. The company reported a remarkable net profit increase of 973 percent, or 10 times the previous amount, driven primarily by its international business. CP Foods also announced an interim dividend payment of THB 0.45 per share. CP Foods reported sales revenue for Q2/2024 amounting to THB 149,498 million, with 64 percent of total revenue coming from its overseas operations, 30 percent … [Read more...] about CP Foods Q2/2024 turns profit of THB 6,925 million, grows 10 times as international business drives growth
Market performance
Grundfos announces solid 2022 results with record turnover
Despite turbulent market conditions, Grundfos continued a strong performance in 2022 with a sales growth of 12.1 percent, net turnover hitting a record DKK 33.3bn and earnings (EBIT before special items) reaching DKK 3.9bn. These results see Grundfos continuing the solid performance recorded for 2021 despite 2022 having been a year with historic market turbulence: the Russian invasion of Ukraine, the continued impact of COVID-19, bottlenecks in global supply chains, rising energy prices, high … [Read more...] about Grundfos announces solid 2022 results with record turnover
