CP Indonesia’s Q1 profit increases, but sales drop

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Charoen Pokphand Indonesia’s Q1 profit attributable to owners of the parent increased by 13.6% year-on-year to USD 62.44 million. But its net sales dropped by 7.4% to USD 940 million as some business segments recorded decreased sales. Revenue from its feed segment contracted to USD 444.2 million, b...

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