Thai Union Group Public Company (TU) investor relations material

Executive summary

• Achieved 1.4% YoY sales growth in Q2 26 and 4.3% YoY in 1H 26, with revenue for 1H 26 at THB 65,899 million.

• Net profit attributable to owners for 1H 26 was THB 2,377 million, with EPS up 9.8% YoY to THB 0.62.

• Interim dividend per share rose 14.3% YoY to THB 0.40, totaling THB 1,542 million, the highest since 2022.

• Gross profit margin reached a record-high 21.4% in Q2 26 and 19.8% for 1H 26.

• The Board approved the interim dividend to be paid on 28 August 2026.

Financial highlights

• Q2 26 sales: THB 33,845 mn (+1.4% YoY); operating profit: THB 2,150 mn (+12.6% YoY); net profit: THB 1,264 mn (-0.7% YoY).

• 1H 26 sales: THB 65,899 mn (+4.3% YoY); gross profit: THB 13,062 mn; operating profit: THB 3,313 mn (+17.9% YoY); EPS: THB 0.62 (+9.8% YoY).

• Net cash from operating activities for 1H 26 was THB 5,010 million.

• Total assets as of 30 June 2026 were THB 161,301 million, with total equity of THB 53,374 million.

Outlook and guidance

• FY 26 sales growth guidance raised to 4–6% YoY, with GPM outlook improved to 19.5–20.5%.

• CAPEX guidance lowered to THB 5.0–5.5bn; dividend payout policy maintained at a minimum 50%.

• Management continues to monitor litigation risks and market conditions, with no provision recognized for ongoing legal claims.

• Plans for further capital expenditures, including a new aquaculture factory in Ecuador.

• Favorable FX and raw material trends, along with ongoing tariff and trade developments, support growth.