Wren, I believe this news is about the main "parent" food company that CPPKY still has some investment in.
Thai Charoen Pokphand 2Q Net THB1.02B Vs THB1.33B August 15, 2000, Dow Jones Newswires
Charoen Pokphand Foods PCL - Bangkok Figures in baht (THB). All figures are audited and consolidated. 2nd Quarter To June 30: 2000 1999 Net Profit 1,022,012,000 1,329,108,000 Earnings per share 3.12 4.10 1st Half To June 30: 2000 1999 Net Profit 1,678,945,000 2,165,363,000 Earnings per share 5.13 6.68 ($1=THB40.713)
July 20, 2000 ------------------------------------------------------------
Thai Business Briefs: Charoen Pokphand Ups US Unit Stake Dow Jones Newswires
BANGKOK -- Thailand's Charoen Pokphand Foods PCL (H.CPF) said Thursday the company and its unit Bangkok Produce Merchandising PCL will raise the group's holdings in Charoen Pokphand (USA), Inc., a broiler chicken producer, to 96.3% from 36%. The two firms will subscribe to 225 million shares in the U.S. company at a total cost of $18 million.
-Dow Jones Newswires, Bangkok Bureau; 662-266-0744; djn.bangkok@dowjones.com |