Thai Union Feedmill reports Q3 sales recovery driven by Indonesian market
What happened
Thai Union Feedmill Public Company Limited reported nine-month sales revenue of Baht 4,357 million and a net profit of Baht 412 million. In the third quarter of 2026, the company recorded revenue of Baht 1,577 million and a net profit of Baht 104 million, which was supported by a recovery in shrimp feed sales volume in Indonesia.
From newswit.com
Why it matters
The company is advancing research and development initiatives after receiving approval in principle from the Board of Investment for additional investment incentives. These incentives are expected to reduce the company's tax burden and improve future returns on investment.
From newswit.com
Who's involved
- IndonesiaMarket where shrimp feed sales volume recovered in the third quarter
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- IndonesiaSpeculative
The Indonesian shrimp feed market might see increased demand for feed products due to the recovery in its sales volume.