Thai Union stock weighs Q2 profit against higher tuna costs

Published on 10/05/2026 at 22:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Thai Union stock was last at THB 12.50 on October 5, 2026, while Q2 net income reached THB 1.264 billion. A Q3 estimate points to THB 1.3 billion in normal profit, with tuna costs a counter-factor.

Thai Union, TH0450010R15, Illustration mit AI erstellt.

Thai Union stock (ISIN TH0450010R15) was last at THB 12.50 on October 5, 2026, at 4:39 p.m. ICT, up THB 0.10 or 0.81 percent from THB 12.40. The latest reported quarter delivered net income of THB 1.264 billion and revenue of THB 33.845 billion, according to Investing.com in its August 3, 2026 earnings summary.

Q2 revenue rises sequentially

Thai Union's Q2 2026 revenue increased from THB 32.054 billion in Q1 to THB 33.845 billion, a 5.6 percent sequential gain. Net income rose from THB 1.113 billion to THB 1.264 billion, an increase of 13.6 percent over the same comparison, while diluted EPS reached THB 0.33, according to Investing.com.

The filing record of the Thai Securities and Exchange Commission identifies the figures as reviewed consolidated Q2 2026 results for the period ended June 30, 2026, in a financial-statement entry dated September 24, 2026, from Thailand's SEC.

Q3 estimate points to seasonal lift

Current coverage from Mitihoon on October 5, 2026, cites Dao Securities' estimate for Q3 normal profit at THB 1.3 billion, up 8 percent year over year but down 3 percent quarter over quarter. The same report projects revenue growth of 4 percent year over year and 6 percent quarter over quarter.

The estimate also puts gross profit margin 150 basis points above the prior year but 90 basis points below the previous quarter. Higher tuna costs, freight, marketing spending and advisory expenses linked to the ITC deal are identified as counter-factors in the October 5, 2026 report.

Consensus target stands above price

MarketScreener lists a Buy mean consensus from 18 analysts and an average target of THB 15.00 in its September 21, 2026 company page. Against the THB 12.50 price on October 5, 2026, that average target lies 20.0 percent above the stock price.

Stock remains below yearly high

Thai Union was last at THB 12.50 on the SET on October 5, 2026, with a 52-week range of THB 10.40 to THB 14.10. The price stands THB 1.60 below the yearly high, a 11.35 percent gap, while market capitalization was THB 48.2 billion and volume reached 44,685,418 shares on the same date.