Charoen Pokphand Enterprise Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 02:55 am EDT
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Charoen Pokphand Enterprise (Taiwan) Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 7,412.02 million compared to TWD 6,839.2 million a year ago. Net income was TWD 601.1 million compared to TWD 488.23 million a year ago. Basic earnings per share from continuing operations was TWD 2.04 compared to TWD 1.66 a year ago. Diluted earnings per share from continuing operations was TWD 2.04 compared to TWD 1.66 a year ago.
For the six months, sales was TWD 14,644.09 million compared to TWD 14,038.62 million a year ago. Net income was TWD 1,023.41 million compared to TWD 815.97 million a year ago. Basic earnings per share from continuing operations was TWD 3.47 compared to TWD 2.77 a year ago. Diluted earnings per share from continuing operations was TWD 3.47 compared to TWD 2.77 a year ago.
Charoen Pokphand Enterprise Taiwan Co Ltd is a Taiwan-based company that is primarily engaged in the manufacture and sale of feed and meat products. The Company operates through four segments. The Feed segment produces all types of poultry and livestock feed and wholesales bulk materials. The Meat Processing segment is engaged in the electric slaughtering of poultry. The Food Processing segment is engaged in the processing of various cooked meat products. The Egg Breeder segment operates the breeding and chick farming of egg and meat breeders. Products include processed meat products, agricultural and livestock meat products, feed and processed cooked materials. Its processed meat products include chicken floss, ham, chicken nuggets, chicken steaks, and roasted chicken.