Thai Union Group, or TU, has raised its 2026 sales growth target to 4–6% from the previous 3–4%, compared with 2025 when total sales reached 133.6 billion baht and net profit was 4.609 billion baht. The upgrade follows stronger-than-expected first-half results, with total sales of 66.329 billion baht and net profit of 2.377 billion baht. The company also lifted its gross margin target to 19.5–20.5% from 19–20%, supported by the pet food and frozen seafood businesses as well as efficient cost management. In addition, the baht weakening past 33 per US dollar since June has benefited revenue and earnings. Full-year capital expenditure has been reduced due to delays in some projects, but the dividend policy of paying out more than 50% of net profit remains unchanged.
Thai Union Group PCLRaised 2026 sales growth target on surging seafood and pet food demand.