Dongwon Industries has just reported a strong Q2 2026:

💰 Q2 revenue: ~$1.85BN — +9.0% YoY
📈 Q2 operating profit: ~$109M — +13.3%
📊 H1 revenue: ~$3.68BN | operating profit: ~$214M

But the results are not the real story.

❓The question is: what has Dongwon built around tuna to become one of the most integrated seafood groups in the world?

🎣 START WITH RAW MATERIAL

🚢 Dongwon operates 42 vessels, including what StarKist describes as the world’s largest purse-seine fleet.
🚢 Its tuna activity spans the Pacific, Indian and Atlantic Oceans.
🇸🇳 In Senegal, CAPSEN operates 4 purse seiners, holds fishing access across 7 zones and supplies tuna into Europe, Asia, South America and Africa.

🏭 BUILD PROCESSING CLOSE TO FISH AND MARKETS

🇪🇨 GALAPESCA S.A. — Guayaquil, Ecuador
🇦🇸 StarKist Co. — Pago Pago, American Samoa
🇸🇳 S.C.A SA — Dakar, Senegal → up to 50,000 t/year
🇰🇷 Dongwon F&B — Korea → home of Dongwon Tuna

🥫 DON’T STOP AT PROCESSING. OWN THE BRAND.

🇺🇸 StarKist is wholly owned by Dongwon Industries and gives the group direct access to the U.S. shelf-stable protein market.

🇰🇷 Dongwon Tuna has passed 5 BILLION cans sold in Korea.

And the portfolio keeps moving beyond the traditional can:
🥫 Tuna Creations & pouches
🍣 Sashimi-grade tuna
🔵 Fresh Korean bluefin
🍶 Dongwon Tuna Extract ~7.5M bottles sold

🎯 The direction is clear: more value per fish.

🛒 MARKETS ARE BUILT INTO THE MODEL

🇺🇸 U.S. → StarKist
🇰🇷 Korea → Dongwon Tuna + premium sashimi
🇪🇺 Europe → Atlantic supply through Senegal
🌍 Africa / Middle East → S.C.A SA
🌎 Asia & South America → CAPSEN export network

❄️ CONTROL WHAT HAPPENS AROUND THE FISH

🚛 Dongwon LOEX → ~2,000 vehicles, 42 warehouses, 19 distribution centres and 96 partners across 27 countries.
❄️ Its Busan New Port cold store alone holds 120,000 t and 37,000 pallets, from -55°C to +15°C.
🥫 Dongwon Systems produces cans and packaging materials.
🇦🇸 TALOFA SYSTEMS supplies can packaging directly to StarKist through a JIT model.
🤖 Since 2025, a dedicated Technology Division has been deploying automation, AI and smart-factory systems across the group.

🌍 THE RESULT?

Dongwon does not simply sell tuna.

🎣 It catches it
🏭 processes it
❄️ stores it
🚛 moves it
🥫 packages it
🏷️ brands it
🛒 sells it
🍣 premiumises it