The Turkish unit of Charoen Pokphand Foods Plc (CPF) is expected to contribute US$610 million to its parent firm's international revenue this year thanks to rising meat consumption in that country.
A CP Shop in Istanbul. Thirty more will open in Turkey this year for a total of 450 operated by the company and franchisees. Rising meat consumption in the Middle East country is boosting parent CPF’s international revenue.
Together with the Taiwanese arm, the Turkish operation shows the strongest performance among CPF's operations and ventures in 12 countries last year.
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