Thai Union Group PCL has reported third-quarter sales of THB 35.7 billion, an increase of 3.4% year-on-year, marking three consecutive quarters of growth. Profitability strengthened further, with operating profit increasing 16.2% to THB 2.1 billion and gross profit margin reaching 20.4%. This marked the second consecutive quarter above 20%, reinforcing the Samut Sakhon-headquartered seafood company’s progress toward its full-year guidance. Net profit increased 3.2% year-on-year to THB 1.35 billion.
These results reflect Thai Union’s ability to navigate a challenging global environment through its disciplined execution of Strategy 2030. Despite higher energy, freight and raw material costs and pressure on consumers from inflation, the.company continued to grow sales of higher-value products while improving productivity and delivering cost savings.
Thai Union enters the final quarter of 2026 with solid momentum. For the first nine months, sales increased 4.0% year-on-year, and gross profit margin reached a nine-month record of 20.0%, while earnings per share rose 7.8% to THB 0.97.
The company is sharpening how it deploys capital, prioritizing investment in areas with the strongest potential returns, actively managing working capital and optimizing its financing. Sustainability remains integrated into these decisions, including through the company’s use of blue financing, aligning its financial strategy with its long-term sustainability ambitions.
President and CEO Thiraphong Chansiri stated: “With the strong performance we have delivered through the first nine months, we remain confident in our full-year guidance. More importantly, we are making clear choices about where we invest and how we grow, strengthening our brands, expanding higher-value businesses, and focusing our capital on the opportunities that can deliver the most value. We are confident that Strategy 2030 is positioning Thai Union to deliver stronger, more sustainable growth.”
