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Analysis

Thai Union records $15.3m loss from Red Lobster’s final quarter on books

Thai Union incurred a one-off charge of $530 million in order to exit its stake in the loss-making restaurant chain

By Dan Gibson | Feb. 19, 2024 16:31 GMT
Credit: Red Lobster
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Thai Union Group's share of the losses incurred by US-based restaurant chain Red Lobster Management in the fourth quarter amounted to THB 552 million ($15.3m), the group's quarterly results show.  [...]

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