Thai Union Group Public Company Limited reported earnings results for the fourth quarter and full year ended December 31, 2024. For the fourth quarter, the company reported sales was THB 35,090 million compared to THB 35,529 million a year ago. Net income was THB 1,213 million compared to net loss of THB 17,189 million a year ago. Basic earnings per share was THB 0.28 compared to basic loss per share of THB 3.82 a year ago.
For the full year, sales was THB 138,433.06 million compared to THB 136,152.71 million a year ago. Net income was THB 4,984.89 million compared to net loss of THB 13,933.21 million a year ago. Basic earnings per share from continuing operations was THB 1.08 compared to THB 1.19 a year ago. Basic earnings per share was THB 1.08 compared to basic loss per share of THB 3.15 a year ago.
Thai Union Group Public Company Limited is a Thailand-based company. The principal activities of the Company and its Thai subsidiaries are the manufacture and sale of frozen, chilled and canned seafood. The Companyâs segment includes ambient seafood, frozen and chilled seafood and related businesses, pet food, and value-added and other businesses. The Companyâs subsidiaries are also engaged in packaging, printing, pet food, food ingredients and food supplemental businesses. Its subsidiaries in the United States distribute pet food, lobster, and other seafood products and import shrimp and other frozen seafood products for sale to restaurant chains, retailers and wholesalers. Its subsidiaries in Europe manufacture and distribute ambient and chilled seafood products to countries in Europe, the United States and Australia under their trademarks. Its subsidiaries in Asia manufacture and distribute seafood in Vietnam and China. The Company has 17 branches in Bangkok and Samutsakorn.
This super rating is the result of a weighted average of the rankings based on the following ratings: Global Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Global Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite), and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of the rankings based on the following ratings: Capital Efficiency (Composite), Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
