Charoen Pokphand traded at 4,220.00 this Thursday May 7th, increasing 180.00 or 4.46 percent since the previous trading session. Looking back, over the last four weeks, Charoen Pokphand gained 6.01 percent. Over the last 12 months, its price fell by 12.99 percent. Looking ahead, we forecast Charoen Pokphand to be priced at 3,876.87 by the end of this quarter and at 3,503.41 in one year, according to Trading Economics global macro models projections and analysts expectations.
PT Charoen Pokphand Indonesia Tbk is an Indonesia-based company primarily engaged in manufacturing animal feeds, including poultry feeds and pig feeds. Some major brands of its animal feeds are HI-PRO, HI-PRO-VITE, BINTANG, BONAVITE, ROYAL FEED, TURBO FEED and TIJI. The Company also manufactures day-old chicks (DOC) and processed food, primarily chicken meat. It markets its processed food under several brand names, namely Golden Fiesta, Fiesta, Champ and Okey. The Company owns a number of manufacturing facilities in several areas in Indonesia, such as Sidoarjo, Medan, Tangerang and Mojokerto. It also has several breeding facilities located across multiple areas in Indonesia, such as Riau, Bali and Sumatera Utara.