Thai Union stock faces a 1.76 percent shrimp duty rate

Published on 10/08/2026 at 09:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Thai Union stock was trading at THB 12.70 on SET on October 8, 2026, up 0.79 percent. Q2 net profit reached THB 1.264 billion after revenue hit THB 33.845 billion.

Thai Union, TH0450010R15, Illustration mit AI erstellt.

Thai Union stock (ISIN TH0450010R15) was trading at THB 12.70 on the Stock Exchange of Thailand on October 8, 2026, at 12:29 p.m. ICT, up 0.79 percent from THB 12.60. The US Department of Commerce kept Thai Union's frozen shrimp antidumping rate at 1.76 percent in a review dated October 7, 2026, as SeafoodNews reported.

Q2 profit reached THB 1.264 billion

Thai Union reported Q2 2026 revenue of THB 33.845 billion, gross profit of THB 7.238 billion and net profit of THB 1.264 billion in figures published in an October 5, 2026 research report by InnovestX. Revenue increased from THB 32.054 billion in Q1 2026 to THB 33.845 billion in Q2, while net profit rose from THB 1.113 billion to THB 1.264 billion.

Gross margin reached 21.4 percent in Q2 2026, compared with 18.2 percent in Q1, according to the same period breakdown in the InnovestX report. The margin improvement gives the stock a measurable earnings cushion as tuna and freight costs remain important variables for the next quarter.

Analysts see earnings resilience

InnovestX kept an Outperform rating and a THB 16.00 mid-2027 target in its October 5, 2026 report. Its forecast calls for Q3 2026 core profit of THB 1.4 billion, up 16 percent year over year and 2 percent quarter over quarter, while 2026 sales growth guidance remains 4-6 percent.

Kaohoon International reported on October 5, 2026, that Kiatnakin Phatra Securities maintained a Buy rating and a THB 16.00 target, with a Q3 net profit forecast of THB 1.27 billion. Kiatnakin also expects gross margin of 20.3 percent in Q3 against full-year guidance of 19.5-20.5 percent.

Thai Union stock stays below its yearly high

Thai Union stock was trading within its THB 10.40 to THB 14.10 52-week range on October 8, 2026, with a market capitalization of THB 49.0 billion and volume of 5,213,558 shares. The current price is THB 1.40 below the 52-week high, leaving tuna costs, margins and the shrimp duty rate as concrete checkpoints for the next results update.