Thai Union Frozen Products has raised its full-year sales target after posting a 9.5% jump in first-quarter profits.
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Thailand’s largest canned and frozen food group’s profit increased from THB527.7m (US$16.54m) in the first quarter last year to THB578m in this year.
Revenue totalled THB16bn, up from THB13bn. The company said it saw “strong sales growth” across its entire product range.
Thai Union Frozen Products raised its sales growth target to 20%, up from 12%.
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