Bangkok Ranch records 2021 loss on higher costs

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Thailand’s Bangkok Ranch (BR) recorded a net loss of USD 1.7 million in 2021, hurt by increased costs due to Covid-19 prevention, higher logistic expenses and commodity prices. Costs of sales rose 14% year-on-year (yoy) to USD 187.8 million last year. However, BR’s sales increased 17% yoy to USD 22...

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