Equity Analysis /
Thailand

Thai Union Group PCL: Cost inflation to ease in 2H22

  • Tuna price drop in May 2022—positive for 2H22 branded tuna GM

  • Core profit expected to resume YoY growth in 2H22

  • New 2022 guidance to lead to no earnings revision

Prasit Sujiravorakul
Prasit Sujiravorakul

Equity Research Analyst

Bualuang Securities
8 June 2022

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