Bangkok Ranch posts loss in Q3 on higher costs

42

Bangkok Ranch (BR) reported a net loss of nearly USD 1 million in Q3 2021, hurt by rising sales costs and administrative expenses. These costs included higher logistics costs, expenses for Covid-19 prevention, and higher commodity prices. However, sales increased 21% to USD 52.7 million. BR’s net l...

Sign in  as a member, or Join our Community  for free to unlock the full article.

Editor, Asian Meat Magazine and Meat Insider, Bangkok, Thailand. Discusses the business opportunities, challenges and price gaps of meat and alternative proteins with Maarten Geraets of Thai Union Group in the podcast, ‘Capturing plant-based business opportunities’.