Charoen Pokphand's Sales Growth to Accelerate on Shrimp Exports
THAILAND - Charoen Pokphand Foods Pcl, Thailand's biggest publicly traded food and meat exporter by market value, forecast sales growth will accelerate in 2005 on rising shrimp exports.
Sales next year may rise 11 percent to a record 100 billion baht ($2.6 billion) helped by rising shrimp exports, Chief Executive Adirek Sripratak told reporters in Bangkok. Sales in 2004 are forecast to rise 8 percent to 90 billion baht, he said.
