Bangkok Ranch reports higher sales, profit in Q1

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Thailand’s Bangkok Ranch reported sales of USD 60.1 million in Q1 2022, up 21% yoy, thanks to effective sales strategies and management. It posted a net profit of USD 1.8 million, compared to USD 144,730 in Q1 2021. But the cost of sales rose 16% yoy to USD 48.8 million. The company said the Russia...

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Joint-Editor, Asian Meat Magazine and Meat Insider, Bangkok, Thailand. Writes on how high inflation and raw material costs challenges in Thailand are not a deterrent for the plant-based protein market in ‘Taste, flavor and nutrition important for plant-based protein’.