THAILAND: TUF expects 20% boost in profits on back of increased tuna prices
The Thai Union Frozen Food (TUF) company has revealed that it expects profit for fiscal 2001 to increase by 20% on last year. Theerapong Chandrasiri, president of the TUF, explained to today's edition of Manager Daily that an increase in the price of tuna fish is likely to bolster the company's profits. Tuna prices have risen from US$700-750 from the second quarter of this year to their current value of US$800 per ton, a figure expected to hold until at least the end of the year.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- General Mills sales woes continue - analysis
- Comment: Meal kits in US - don't believe the hype
- Why personalisation will take-off in US food
- Analysis: Chocolate sector's deforestation pledge
- US food next wave on display at Winter Fancy Food
- Kraft Heinz cuts jobs in US, Canada
- Unilever invests in Dutch meat substitute project
- Lactalis fails to hit threshold to delist Parmalat
- Fonterra cuts earnings forecast
- Immigration crackdown "risk" for US dairy industry