Post by account_disabled on Jan 3, 2024 3:27:22 GMT
Sales decreased 4.6 percent to 32,214 million baht due to currency exchange rates. and the company focuses on businesses with high profit rates - Gross profit in the second quarter increased 13.1 percent to 5,364 million baht, resulting in a 19.9 percent increase in gross profit compared to the previous year. - Net profit before special items increased 10.6 percent year-on-year to 1,513 million baht, accounting for 4.7 percent of revenue. Thai Union Group Public Company Limited reported operating results for the second quarter of 2019, with gross profit increasing 13.1 percent in the quarter due to the performance of the frozen food and pet food business segments. did well in this quarter Second quarter gross profit was 5,364 million baht, resulting in an increase in gross profit margin to 16.7 percent from 14 percent in the same quarter in 2018.
This good gross profit resulted in B2B Email List earnings before interest, income tax, depreciation. and distribution expenses were 15.4 percent compared to the previous year. and can pay interim dividends of 0.25 baht per share Sales for the second quarter decreased 4.6 percent compared to the same period last year to 32.2 billion baht due to the strengthening of the baht. The value of the euro has weakened. and reduced raw material prices However, sales volumes continued to increase. Especially in the frozen food and pet food business segments. This is in line with the company's strategy to focus on products that add more value.
In the first half of 2019, sales in North America accounted for 39 percent of total sales. While the European market accounted for 29 percent, the Thai market accounted for 12 percent, and sales from other markets accounted for 19 percent. In terms of Thai Union sales in the second quarter of 2019, the processed seafood business had sales of 14,031 million baht, a decrease of 14.3 percent compared to the same period last year. The frozen and chilled food business increased 3.6 percent to 13,435 million baht, with volume growth increasing 10 percent compared to the second quarter of the previous year.
This good gross profit resulted in B2B Email List earnings before interest, income tax, depreciation. and distribution expenses were 15.4 percent compared to the previous year. and can pay interim dividends of 0.25 baht per share Sales for the second quarter decreased 4.6 percent compared to the same period last year to 32.2 billion baht due to the strengthening of the baht. The value of the euro has weakened. and reduced raw material prices However, sales volumes continued to increase. Especially in the frozen food and pet food business segments. This is in line with the company's strategy to focus on products that add more value.
In the first half of 2019, sales in North America accounted for 39 percent of total sales. While the European market accounted for 29 percent, the Thai market accounted for 12 percent, and sales from other markets accounted for 19 percent. In terms of Thai Union sales in the second quarter of 2019, the processed seafood business had sales of 14,031 million baht, a decrease of 14.3 percent compared to the same period last year. The frozen and chilled food business increased 3.6 percent to 13,435 million baht, with volume growth increasing 10 percent compared to the second quarter of the previous year.