Prices for shrimp raw material may be at a high level, but Thai exporters such as Asian Seafoods Coldstorage, Surapon Foods and Kiang Huat Sea Gull Trading Frozen Food all reported strong profits for 2011.
Asian Seafoods Coldstorage rides on high prices
Asian Seafoods Coldstorage -- which did not give a sales figure in its 2011 results but reported sales of THB 10.20 billion (€250.4 million/$337.1 million) for 2010 – reported a 2011 profit after tax of THB 229.9 million (€5.6 million/$7.6