Reuters logo
Thai Union Frozen aims for 2014 sales of $4 bln
March 13, 2014 / 3:00 AM / 4 years ago

Thai Union Frozen aims for 2014 sales of $4 bln

BANGKOK, March 13 (Reuters) - Thai Union Frozen Products Pcl , the world’s largest canned tuna producer, said on Thursday it aimed for sales of $4 billion in 2014, up 9 percent from 2013, with an estimated gross profit margin of at least 14 percent.

Thai Union, which makes the “Chicken of the Sea” brand and counts Wal-Mart and Costco among its buyers, planned to invest 3.5 billion baht ($108 million) this year, mostly to improve production, Wai Yat Paco Lee, head of investor relations, told reporters.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below