Despite reporting record-high earnings before interest, tax, depreciation and amortization (EBITDA) for fiscal year 2019, some of tuna giant Thai Union's investments have yet to pay off, including its stake in US seafood restaurant chain Red Lobster.

Thai Union's $575 million (€516 million) investment in Red Lobster in 2017 was one of the largest the company ever made. In August 2019, some analysts speculated that 2019 may be the year that investment finally paid off.

The first half of the year looked promising, with the second quarter of 2019 contributing a net loss of only THB 9 million (€261,293/$292,009) and share of profit up nearly tenfold year-on-year from a net loss of THB 128 million (€3.7