C.P. Pokphand Co. Ltd. provided earnings guidance for the year ended 31 December 2019. For the year, the company expects to record a consolidated profit attributable to Shareholders in the range of USD 330 million to USD 350 million for the year ended 31 December 2019 as compared to that of approximately USD 282 million for the year ended 31 December 2018 and the corresponding unaudited number for the six months ended 30 June 2019 of approximately USD 82 million (and that for the nine months ended 30 September 2019 of approximately USD 126 million) previously announced. This expected increase in profit was mainly due to much higher swine prices in Vietnam in the fourth quarter of 2019, resulting in an increase in profit margins of the Vietnam farming business and a significant positive net change in fair value of biological assets in the fourth quarter of 2019.