Thai Union Group PCL 2023 IR

The report outlines Thai Union Group's strategic and financial performance for 2023, highlighting the launch of its SeaChange® 2030 sustainability strategy with an investment commitment of THB 7.2 billion (USD 200 million). The company achieved a top ranking on the Seafood Stewardship Index for the third consecutive time and was listed on the Dow Jones Sustainability Indices for the tenth consecutive year. Operationally, Thai Union expanded its manufacturing footprint with two new factories in Thailand and decided to exit its minority investment in Red Lobster to focus on core categories. Financially, the company reported sales of THB 136.2 billion and a normalized net profit of THB 4.5 billion, despite facing global economic headwinds and inflation.

Company: Thai Union Group PCL

Sector: Consumer Staples

Country: Thailand

Year: 2023

Type: IR

Pages: 178

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Thai Union Group PCL

Thai Union Group PCL 2023 Annual Report

Annual Report

The report outlines Thai Union Group's strategic and financial performance for 2023, highlighting the launch of its SeaChange® 2030 sustainability strategy with an investment commitment of THB 7.2 billion (USD 200 million). The company achieved a top ranking on the Seafood Stewardship Index for the third consecutive time and was listed on the Dow Jones Sustainability Indices for the tenth consecutive year. Operationally, Thai Union expanded its manufacturing footprint with two new factories in Thailand and decided to exit its minority investment in Red Lobster to focus on core categories. Financially, the company reported sales of THB 136.2 billion and a normalized net profit of THB 4.5 billion, despite facing global economic headwinds and inflation.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Type

Integrated Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Net Zero Target

Employees