Thai Union Posts Strong Q1 Results Behind Frozen, Value-added Business
The Thai Union Group touted its “resilience” as the seafood giant released its Q1 2021 financial results.
For the first quarter of the year, Thai Union achieved a net profit of THB 1.8 billion (US$58 million), a 77% year-on-year increase, while sales held steady with a 0.1% increase to THB 31.1 billion compared to the first quarter of 2020.
The company credited its frozen operations in the United States, along with the PetCare and value-added businesses for driving the strong Q1 results...
To Read Full Story Login Below.