This is the lowest net profit TUF has had in the past eight quarters.
Throughout the whole year, profits skidded by 8 per cent, from THB 5.1 billion (USD 169.9 million) in 2011 to THB 4.7 billion (USD 156.6 million) in 2012.
The firm has explained that one of the main reasons for the lower profit was the tuna cost: it fell from the highest figure of USD 2,350 per ton in September to USD 1,900 per ton at the end of the year, which affected TUF’s profit margin earned in Q4.
Another obstacle the company faced is the regular fluctuation of the shrimp business because of the severe Early Mortality Syndrome (EMS) that led to many shrimp deaths, causing a shortage of the shellfish for production and overpriced shrimp.
The third challenge is that the
Regardless, TUF said, it believes that the above factors might have been temporary.
Analysts believe that tuna prices may recover in this first quarter and that the shrimp business should begin to look up in the second quarter, Reuters reports.
In Thai baht term, sales were reported at THB 26.3 billion (USD 876.2 million) in the fourth quarter of 2012, up 1 per cent from THB 26 billion (USD 866.2 million) in the fourth quarter of 2011. For the year, TUF reported a 6 per cent jump in dollar sales and 8 per cent in baht sales from THB 98.7 billion (USD 3.3 billion) in 2011 to THB 106.7 billion (USD 3.6 billion) in 2012.
“Considering our performance in the first nine months, we were still able to grow well especially in the 3rd quarter. Our sales and profits were able to reach New Highs outstandingly,” TUF Directors Kraisorn Chansiri and Chuan Tangchansiri wrote in a statement.
“Even though our overall annual profits did not meet the goal set, we were able to make some profits,” they highlighted.
President Thiraphong Chansiri said the company is aiming for 2013 revenues of USD 4 billion up from USD 3.4 billion in 2012, and anticipates revenues to reach USD 5 billion in 2015.
To get there, TUF will invest THB 6 billion (USD 201.5 million) a year over 2013-15 and plans to build two new plants in 2013, when it expects a higher net profit with a gross profit margin of 16 per cent.
(seafood.vasep.com.vn) On the afternoon of March 19, Vice Chairman of the Ca Mau Provincial People’s Committee, Le Van Su, chaired a meeting to address bottlenecks and propose solutions to expand the super-intensive whiteleg shrimp farming model using low water exchange and high biosecurity standards (RAS-IMTA).
(seafood.vasep.com.vn) On March 10, 2026, the Ho Chi Minh City People’s Committee issued Decision No. 1377/QD-UBND approving the Aquatic Animal Disease Prevention and Control Plan for the 2026–2030 period. The decision takes effect from the date of signing and replaces previous plans for the 2021–2030 period that had been issued prior to the administrative merger in Ba Ria – Vung Tau, Binh Duong, and Ho Chi Minh City.
(vasep.com.vn) In 2025, Chile imported more than USD 156 million worth of tuna, up 8.1% compared to the previous year and the highest level in the past five years. As the supply structure in this market is rapidly shifting, Vietnamese tuna is facing both opportunities to expand market share and increasing competitive pressure from Thailand, Colombia, and China.
(seafood.vasep.com.vn) Vinh Long Province is stepping up efforts to develop brackish water shrimp farming in a sustainable direction, identifying it as a key sector in its agricultural structure. In 2026, the province aims to reach around 71,300 hectares of shrimp farming, with an output of over 314,000 tons.
(seafood.vasep.com.vn) Ha Tinh Province is strengthening control over shrimp seed quality to minimize risks for the 2026 spring–summer farming season.
(seafood.vasep.com.vn) In February 2026, Vietnam’s pangasius exports reached USD 119 million, down slightly 5% year-on-year. However, thanks to strong performance in January, cumulative exports in the first two months of the year still reached USD 331 million, up 28% compared to the same period in 2025. Export activity slowed somewhat in February due to seasonal factors, particularly the Lunar New Year holiday, which disrupted production and shipments at many seafood processing enterprises.
(seafood.vasep.com.vn) Da Nang is accelerating the development of high-tech shrimp farming toward intensive production, disease control, and improved efficiency. Many shrimp farms have invested in automated environmental monitoring systems, continuously tracking indicators such as pH, dissolved oxygen, temperature, and salinity, enabling farmers to promptly adjust pond conditions and reduce disease risks.
(seafood.vasep.com.vn) The year 2025 is considered a turning point for Vietnam’s shrimp seed industry as the sector faces the need for strong transformation in technology, production management, and gradual self-sufficiency in broodstock supply. These factors are seen as key to improving seed quality and strengthening the competitiveness of the shrimp industry amid increasingly demanding market requirements.
(seafood.vasep.com.vn) In February 2026, Vietnam’s shrimp exports reached nearly USD 310 million, up 17% year-on-year. Cumulatively for the first two months of the year, shrimp export value totaled USD 690 million, an increase of 20% compared with the same period last year. Compared with the 22% growth recorded in January, the pace of increase in February slowed somewhat, reflecting seasonal factors as the Lunar New Year holiday partially disrupted processing and shipment activities. Nevertheless, the nearly 20% growth in the first two months indicates that shrimp orders from Vietnam are maintaining a more positive trend than in the same period last year.
(seafood.vasep.com.vn) According to the latest statistics for January 2026, Vietnam’s pangasius export value to major market blocs recorded encouraging growth compared with the same period last year, indicating that consumption demand is gradually recovering.
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