November 6, 2023

Thai Union Feedmill sees 8.9% drop in net profit in Q3

Thai Union Feedmill Public Company Limited had a net profit of ฿52.5 million (US$1.5 million) in third quarter of 2023.

The amount was a 8.9% drop compared to the same period in 2022, according to the company.

The proportion of sales from the company's products in the period was shrimp feed at 51.9%, fish feed at 37%, land animal feed at 9.3% and other products at 1.8%.

The proportion of Thai Union Feedmill's sales based on region was 90% for the domestic market of Thailand while exports made up 2.8%.

- Mitihoon