Thai Union’s Q3 sales rise 14%

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Thailand’s Thai Union Group (TU) reported sales of USD 1.07 billion in Q3 2022, up 14.7% yoy, on higher demand and prices and a forex gain. Net profit surged 30.7% to USD 66.6 million. Ambient seafood sales rose 14%, with strong demand in Asia and the US, while sales of pet food and value-added pro...

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Joint-Editor, Asian Meat Magazine and Meat Insider, Bangkok, Thailand. Writes on how high inflation and raw material costs challenges in Thailand are not a deterrent for the plant-based protein market in ‘Taste, flavor and nutrition important for plant-based protein’.