Thai Union Group Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 02, 2022 at 05:56 am
Share
Thai Union Group Public Company Limited reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was THB 40,756.17 million compared to THB 35,539.23 million a year ago. Net income was THB 2,530.48 million compared to THB 1,936.79 million a year ago. Basic earnings per share from continuing operations was THB 0.53 compared to THB 0.4 a year ago.
For the nine months, sales was THB 115,973.65 million compared to THB 102,546.67 million a year ago. Net income was THB 5,899.84 million compared to THB 6,082.55 million a year ago. Basic earnings per share from continuing operations was THB 1.22 compared to THB 1.26 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 some Thai 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. Its segments include ambient seafood, frozen and chilled seafood and related businesses, pet food, and value-added and other businesses.