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Thai Union sees record profit from 2019 despite FX hit to sales

The appreciation of Thai baht, combined with weak prices for raw materials saw Thai Union's sales fall by 5.3% in 2019, although both gross profit and EBITDA are up y-o-y

By Dan Gibson | Feb. 17, 2020 10:50 GMT
Thiraphong Chansiri, CEO, Thai Union Group
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Thai Union Group, the largest tuna canner in the world, reported record profits in 2019 despite a 5.3% drop in sales. [...]

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