Frozen seafood exporter
Thai Union Frozen Products has blamed a 30% decrease in the price of
tuna for the 23% drop in its Q3 net profits. Narrower margins saw 1999’s same
period profits of THB475m fall to THB364.4m, despite a 12% increase in sales,
which reached THB5.41bn. Earnings per share also dropped from last year’s THB6.34
to THB4.32.

Thai Union Frozen Products
PCL – Bangkok Figures in baht (THB)

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Third Quarter
To September 30:		    
 
2000
1999
Net Profit
364,353,000
474,981,000
Earnings per share
4.32
6.34
     
Nine Months To
September 30:
  
  
 
2000
1999
Net Profit
980,218,000
1,448,694,000
Earnings per share
11.58
20.49

($1=THB43.465)

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now