TU Reports a Rise of 2Q2019 Profit due to the Decreasing in Key Price Materials
TU Reports a Rise of 2Q2019 Profit due to the Decreasing in Key Price Materials
TU Reports a Rise of 2Q2019 Profit due to the Decreasing in Key Price Materials
6 ส.ค. 2562

Thai Union Group Public Company Limited (TU) has reported its 2Q19 consolidated financial statement through the Stock Exchange of Thailand as follows:

TU reported 2Q19 gross profit of THB 5,364 million, up 13.1% YoY, mainly due to margin recovery in all three key product segments as a result of a declining raw material price environment. The 2Q19 gross margin was 16.7%, up 261bps YoY and was the highest quarterly gross margin since 2015. The 1H19 gross profit was at THB 9,746 million, up 19.9% YoY, resulted from key material price decline from the previous year during 1H18.
Interim dividend payment for the operating results during 1 January – 30 June 2019 as per the resolution of the Board of Directors dated 6 August 2019 is 0.25 THB/share. Book closing date is 21 August 2019. The dividend will be paid on 3 September 2019. 