A winner!!

14 08 2020

Remember when The Dictator-cum-Prime Minister Gen Prayuth Chan-ocha was babbling about getting help from Thailand’s richest tycoons? Remember the sclerotic ideas he received from some of the tycoons? Charoen Pokphand’s patriarch was one who proposed ideas that served CP’s interests.

Perhaps to the surprise of many, in the era of virus economic crisis, CP has done very nicely. Khaosod reports that: “Charoen Pokphand Foods PLC (CPF) reported Baht12,139 million in net profits in the first half of 2020, a jump by 45% from the corresponding period a year earlier…”. It reported increased sales, including in Thailand.

Even in a crisis where there are so many who have lost so much, there are winners.


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