Betagro H1 revenue, profit rise on higher prices

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Thailand’s Betagro reported a revenue of USD 1.43 billion in H1 2022, up 26.1% yoy on higher sales and prices and from its international businesses. Net profit surged 233% to USD 103 million. Betagro benefited from higher prices of processed meat and foods, pork, chicken, and eggs. Its internationa...

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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’.