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 principally engaged in the manufacture and sales of feedstuff and meat products. The products of the Company include processed meat products, meat products and feedstuff and processed cooked feedstuff. Its processes meat products include chicken floss, hams, chicken nuggets, chicken chops and bacons, among others. The Company operates through four segments. Feedstuff segment is engaged in the production of feedstuff and the wholesales of materials. Meat Processing segment is engaged in the electric slaughtering of poultries. Food Processing segment is engaged in the processing of cooked meat products. Breeding Chicken segment is engaged in the cultivation of meat-type and egg-type breeding chicken and chicks.