FRIDAY, April 19, 2024
nationthailand

CPF's bleeding stops

CPF's bleeding stops

Charoen Pokphand Foods (CPF)'s share price was unchanged on Monday, after the bleeding on Friday following a negative report on its fishmeal sourcing.

The stock closed at Bt27 today, after a Bt1 or 3.57 per cent drop on Friday. 
The Guardian reported that CPF bought fishmeal for its prawns from suppliers which are involved with forced labour. 
Carrefour, the French supermarket chain operator, reportdly suspended orders for prawns from the Thai company.
CPF on Friday denied any involvement in slavery. 
 
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