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Thai Union shows ongoing resilience with strong, profitable 1Q2021


Thai Union shows ongoing resilience with strong, profitable 1Q2021
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published :
10 May 2021 at 17:29
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Net profit jumped 77% to THB 1.8 billion on solid performance from frozen seafood, PetCare and value-added businesses
BANGKOK – May 10, 2021 – Thai Union Group showed ongoing resilience in the first quarter of 2021, supported by continued customer trust and demand for its healthy and nutritious human and pet food products, even as the COVID-19 pandemic continued globally.  
The company ended the first quarter of the year with net profit of THB 1.8 billion, a 77% year-on-year increase, while sales held steady with a 0.1% increase to THB 31.1 billion compared to the first quarter of 2020. The strong net profit was buoyed by a resurgence in the company’s frozen operations, especially in the U.S., the PetCare and value-added businesses, prudent cost management and FX gains. ....

Krung Thep Mahanakhon , Samut Sakhon , Thiraphong Chansiri , Thai Union Group , Thai Union , Bluenalu Inc , Healthy Living , Healthy Oceans , Nature Conservancy , Ocean Disclosure Project , Sustainability Linked Syndicated Loan , Blue Finance , தாய் தொழிற்சங்கம் குழு , தாய் தொழிற்சங்கம் , ஆரோக்கியமான வாழும் , ஆரோக்கியமான பெருங்கடல்கள் , இயற்கை பழமைவாதம் , கடல் வெளிப்படுத்தல் ப்ராஜெக்ட் , நீலம் நிதி ,

Food Lion raises sustainability targets


Multipronged plan includes stepped-up efforts in transparency, waste reduction, climate change
Food Lion has bolstered its sustainability strategy with expanded commitments in food transparency and nutrition, waste reduction and climate change initiatives.
The Salisbury, N.C.-based supermarket chain, part of Ahold Delhaize USA, said Monday that its new targets will give customers more information on food sourcing, cut energy use and greenhouse gas emissions across all operations, and eliminate waste through the retailer’s supply chain.
Overall, Food Lion operates more than 1,000 stores in Delaware, Georgia, Kentucky, Maryland, North and South Carolina, Pennsylvania, Tennessee, Virginia and West Virginia.
“In 2015, we set big goals for ourselves to achieve significant sustainability targets in several critical areas, and I’m proud to say we’ve met or exceeded many of those milestones,” Food Lion President Meg Ham said in a statement. “However, we k ....

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