Thai Union Frozen Products Pcl (TUF), the world’s biggest canned tuna maker, reported a surge in quarterly profit on Tuesday, thanks to higher sales and an improvement in its gross profit margin.
TUF, which makes the Chicken of the Sea brand and counts Walmart and Costco among its buyers, said October-December net profit was THB 1.52 billion (USD 49.5 million), up from THB 352 million a year earlier but below 1.56 billion in the third quarter.
