He added that “offshore investments have contributed substantial revenue to CPF this year and would continue to play a significant role in our next year’s performance.”
CPF’s 2011 investments should help push up sales by 5-to-10% next year despite risks from the strong baht and high commodity prices and has hedged its currency exchange at 30-31 baht for two months and placed advance orders for maize and soybean meal in quantities that would last to mid 2011, he says.
(By Joyce Rainat)
