Thai Union Q1 FY26 net profit rises 9.2% to THB 1.11 billion

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TELUS Corporation

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  • Thai Union Group posted Q1 2026 net profit of THB 1.11 billion, up 9.2% year over year, as net sales climbed 7.6% to THB 32.05 billion.
  • Operating profit rose 29% to THB 1.16 billion, while gross margin narrowed 0.6 percentage point to 18.2% as U.S. tariff-related costs increased across all business units.
  • FX swung to a loss of THB 135 million from a gain, driven by financing activities including a THB 62 million reclassification tied to a TTV loan write-off.
  • Net debt increased to THB 63 billion, pushing net debt/EBITDA to 5.1x from 5.0x at end-2025, while net debt/equity edged down to 1.17x from 1.18x.


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