Thai Union 3rd Qtr Highlights Shift from US Market, Lobster Sales to China, and High Skipjack Prices

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Thai Union 3^rd Qtr Highlights Shift from US Market, Lobster Sales to China, and High Skipjack Prices

SEAFOODNEWS.COM by John Sackton Nov. 6 2017

thai union salmon As the Thai Union Group is now one of the largest and most influential global seafood companies, the quarterly management discussion released as part of their financial reporting documents important trends for both the company, and the seafood industry as a whole.

In the 3^rd quarter, gross profit fell 5.6% year over year due to a 40% increase in the raw material price of skipjack tuna, compared to the 3^rd quarter of 2016. Overall sales grew to a record 35.885 billion Thai Bhat, and ...

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