Thai Union Reports Strong Financial Performance in 2024
Thai Union, a leading marine health and nutrition company, recently announced its full-year results for 2024, showcasing impressive sales figures and profitability.
The company reported sales of THB 138.4 billion for the year, with a net profit of THB 5 billion and a gross profit margin of 18.5%. This represents a 1.7% year-on-year increase in sales, driven by organic growth in categories such as Ambient, PetCare, and Value-added products.
- The gross profit margin improved to 18.5% from 17.1% in the previous year.
- EBITDA rose by 8.6% year-on-year to THB 13.4 billion, reflecting operational improvements.
- Net profit increased by 7.2% year-on-year to THB 5.0 billion, with earnings per share growing by 10.4%.
Thai Union’s strong financial performance was highlighted by the successful execution of its Strategy 2030, aimed at driving growth and positioning the company as a global leader in marine health and nutrition.
Thiraphong Chansiri, CEO of Thai Union Group, expressed optimism about the company’s future prospects, stating, “As we continue to execute our Strategy 2030, I am optimistic that Thai Union will be positioned for long-term, sustainable growth as we pursue an ambitious goal of boosting net sales to US$7.0 billion and doubling EBITDA by 2030.”
The company’s focus on sustainability and responsible business practices was also recognized, with Thai Union receiving top rankings in industry sustainability indices and ESG ratings.
Looking ahead to 2025, Thai Union remains committed to overcoming challenges and driving continued growth through strategic initiatives and a steadfast dedication to its vision of becoming the world’s leading marine health and nutrition company.
With a strong financial foundation, a clear strategic direction, and a commitment to sustainability, Thai Union is well-positioned to navigate the complexities of the global market and achieve its long-term goals.
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the following title: “The Benefits of Incorporating Mindfulness Practices into Your Daily Routine”
In today’s fast-paced world, it can be easy to feel overwhelmed and stressed. With the constant demands of work, family, and other responsibilities, it’s important to find ways to center yourself and stay grounded. One effective way to do this is by incorporating mindfulness practices into your daily routine.
Mindfulness is the practice of being fully present and aware of your thoughts, feelings, and surroundings. By focusing on the present moment and letting go of judgment, you can reduce stress, improve your mental clarity, and enhance your overall well-being.
One of the key benefits of mindfulness is its ability to reduce stress. By taking the time to focus on your breath and be present in the moment, you can calm your nervous system and lower your levels of cortisol, the stress hormone. This can help you feel more relaxed and centered, even in the midst of a hectic day.
In addition to reducing stress, mindfulness can also improve your mental clarity and focus. By training your mind to stay present and attentive, you can enhance your cognitive abilities and make better decisions. This can be especially helpful in the workplace, where focus and concentration are crucial for success.
Furthermore, mindfulness can strengthen your relationships with others. By practicing active listening and being fully present in your interactions, you can improve communication and deepen your connections with loved ones. This can lead to greater empathy, understanding, and compassion in your relationships.
Incorporating mindfulness into your daily routine doesn’t have to be complicated. You can start by setting aside just a few minutes each day to practice deep breathing, meditation, or mindful walking. As you become more comfortable with these practices, you can gradually increase the amount of time you spend being mindful.
Overall, incorporating mindfulness practices into your daily routine can have a profound impact on your overall well-being. By reducing stress, improving mental clarity, and enhancing your relationships, you can cultivate a greater sense of peace and fulfillment in your life. So why not give it a try and see the benefits for yourself?
