Smuggled pork compromises Betagro’s revenue in Q1

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According to the Stock Exchange of Thailand filing, Betagro reported a revenue crunch of 2.5% yoy to USD 739.76 million, while net profit plunged 131% to USD 3.37 million in Q1 2024. It attributed the weak performance to lower domestic pork prices caused by smuggled pork imports. This led to decrea...

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