Seafood giant Thai Union Frozen Products has booked an increase in first-quarter profits on the back of strong sales growth.

For the three months to the end of March, net profit soared 93% to THB1.47bn (US$47.31m). Operating profit increased to THB2.12bn from THB1.58bn in the prior-year period.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Total revenues for the quarter amounted to THB25.67bn, up 12% from the first quarter of 2011. “Strong” sales growth was seen across all product lines while the firm’s gross profit margin rose to 17.2% from 14.8% in last year’s first quarter.

Thai Union owns European seafood brands including John West in the UK, Petit Navire in France and Mareblu in Italy. 

Click here to view the full earnings release.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact