Seafood giant Thai Union Frozen Products has recorded an increase in first-half profits.
Earnings in the six-month period to the end of June amounted to BHT2.47bn (US$78.5m), a 10% increase on the prior-year period, despite a hike in raw material prices and currency volatility, the firm said.
Net sales in the period climbed by 21% to BHT52bn on the back of increases in all of its divisions.
Thai Union recorded a 50% increase in sales in its tuna business, 22% in shrimp and related business and 6% in its mackerel business.
Source:
http://www.just-food.com/news/thai-union-frozen-h1-profits-climb_id120121.aspx
