- Business
- PT Charoen Pokphand Indonesia Tbk (CPIN) operates as Indonesia's largest integrated poultry producer, manufacturing and distributing poultry feed, day-old chicks, broilers, and processed chicken products; it also produces food items such as mixed flour, cooking seasonings, macaroni, noodles, bread, cakes, soy sauce, tempeh, and tofu; animal pharmaceuticals; plastic packaging; and provides slaughterhouse services, meat packing and processing, warehousing, cold storage, and trading of live animals, with brands including Golden Fiesta, Fiesta, Champ, Okey, Akumo, and Asimo for processed foods sold through retail networks like Prima Freshmart, Poultry Kiosk, and Prima Meat Shop. The company, founded in 1972 and headquartered in North Jakarta, Indonesia, conducts operations primarily across the country through multiple production facilities and went public in 1991 as a subsidiary of PT Charoen Pokphand Indonesia Group. Recent developments include the acquisition of a poultry breeding facility from PT Istana Satwa Borneo for IDR 24.56 billion and livestock land and equipment purchases totaling IDR 430 billion from Java to Sulawesi to enhance production efficiency, alongside amended articles of association in May 2023 and sustained revenue growth to IDR 67.5 trillion in 2024 with net income rising to IDR 3.7 trillion.