Thai Union Group Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 07, 2023 at 07:21 am
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Thai Union Group Public Company Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was THB 34,057.49 million compared to THB 38,945.76 million a year ago. Net income was THB 1,028.65 million compared to THB 1,623.83 million a year ago. Basic earnings per share from continuing operations was THB 0.21 compared to THB 0.33 a year ago.
For the six months, sales was THB 66,709.1 million compared to THB 75,217.48 million a year ago. Net income was THB 2,050.22 million compared to THB 3,369.36 million a year ago. Basic earnings per share from continuing operations was THB 0.41 compared to THB 0.69 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.