Thai Union reports strong 2024 growth

The Thai Union Group logo

Source: Thai Union

Thai Union Group has reported full-year 2024 sales of THB 138.4 billion, driven by strong growth in its pet food business, with figures revealing improved profitability and a higher EBITDA.

Sales increased 1.7% year-on-year, while net profit rose 7.2% to THB 5.0 billion. The company’s gross profit margin improved to 18.5%, reflecting strategic decisions in its core categories, including Ambient, PetCare and Value-added products. EBITDA reached THB 13.4 billion, the second highest on record.

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