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<a href="http://www.accessmylibrary.com/article-1G1-129430933/good-quarter-tuf-but.html" title="Facts and information about Good quarter for TUF but full-year profit down 15.2%.">Good quarter for TUF but full-year profit down 15.2%.</a>
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Good quarter for TUF but full-year profit down 15.2%.
Mar. 1--Thai Union Frozen Products Plc (TUF) yesterday announced better-than-expected operating results for the fourth quarter of 2004, citing improved shrimp sales in the second half of the year.
However, the company's full-year net profit declined by 15.2 percent from 2003 to 1.93 billion baht, on total revenue of US$1.15 billion, up 19 percent from the previous year.
Fourth-quarter sales were 12.19 billion baht, up 22 percent from the year before, with net profit up 155 percent to 525.8 million.
SET-listed TUF said sales this year were expected to continue to grow, particularly from US subsidiaries and with the launch of a new line of frozen ...
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Source: HighBeam Research, Good quarter for TUF but full-year profit down 15.2%.