CPF looking to record profits in third quarter and full year

       Charoen Pokphand Foods, Thailand's biggest producer of meat and animal feed, expects to post a record profit for the third quarter and the full year on lower costs and higher overseas sales.
       "We will see historically high sales and profit this year," president Adirek Sripratak said yesterday, without providing details. The company will maintain its target for sales growth of between 5 and 10 per cent this year.
       Sales and also forecast to increase between 5 and 10 per cent next year, Adirek said.
       Charoen Pokphand plans to sell Bt8 billion of bonds in November, he said, with the debt likely to have maturities of between three and five years.