Thai Union Group Reports Profit Surge in Q3 2020

As it released its Q3 financial results, Thai Union Group noted that consumers have continued to choose its products during the coronavirus pandemic. The company said the changing lifestyles of consumers, eating more at home and choosing healthier options helped the company during the quarter.
The company’s net sales rose by 9.3% to THB 34.78 billion, its profit surged 49.7% and gross profit gained 24.6% to THB 6.33 billion. When it came to its frozen seafood products, Thai Union saw a 4.7% increase in sales...
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