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Thai Union raises sales and margin forecast after strong Q2

Thai Union Group logoThai Union Group
Sig1.35Sen+3.10Env0.00Soc0.00Gov0.00

Thai Union expects full-year sales to rise 4-6%, lifting its prior 3-4% forecast, and sees gross margin at 19.5%-20.5% versus 19%-20%. In Q2, sales grew 1.4% to Bt33.85bn and operating profit rose 12.6% to Bt2.15bn. First-half net sales increased 4.3% to Bt65.9bn and net profit climbed 3.7% to Bt2.38bn.

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