Betagro Q1 revenue rises 21% on higher sales, prices

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Thailand’s Betagro reported Q1 revenue of USD 750.8 million, up 21.7% yoy on higher sales and prices from its agribusiness, food and protein, pet food, and international business. The company’s net profit surged 149.4% to USD 56.4 million. Betagro benefited from higher prices of food and protein, i...

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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’.