date:Feb 28, 2013
her animal feed costsdue to a drought in the United States.
Bloomberg News reported that CPF's annual net profit was lowerthan the 20.2 billion-baht average estimate of 22 analystssurveyed by Bloomberg. CPF itself explained that total expensesrose 83% to 355.3 billion baht in 2012. The company is expandingfarms and animal feed plants in China and other Asian countriesto boost earnings. In November, it blamed lower prices for meatproducts and higher raw material costs for a 53% dip inthird-quart