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News: Betagro

Commendable efforts in decarbonizing the value chain

Research shows that close to a third (27%) of global greenhouse gas emissions are attributed to agriculture and food production. Half of this stems...

Food insecurity and/or protectionism

Food insecurity and food protectionism are becoming more pronounced resulting from frayed supply chains, weather woes and geopolitical tensions. Could this lead to more...

Betagro targets 5-10% sales growth this year

Rising pig and broiler prices pose a bright future for Betagro, targeting sales growth of 5-10% in 2023. The company continues to expand production...

Betagro launches three plant-based ready meals

Betagro continues to make headway into alternative proteins as it launched three plant-based ready meals under its Meatly! brand. The products are plant-based minced...

Betagro posts strong revenue, profit in 2022

Revenue surged 31.3% yoy to USD 3.3 billion at the Thai agrifood company last year, while net profit leaped 686% to USD 230 million....

Betagro books 60,000 tons of Aussie feed wheat

Betagro has found cheaper wheat and barley to meet is feed ingredient needs. It bought 55,000-60,000 tons of wheat and an unspecified volume of...

Betagro aims for net zero emissions

Betagro’s jv company Ajinomoto Betagro Frozen Foods targets net zero emissions and has established guidelines for reducing GHG emissions. The jv, which is cooperating...

Betagro opens smart feedmill in Thailand

Betagro has boosted its feedmill capacity with a new smart feedmill in Thailand, marking the company’s digital and growth transformation. Equipped with modern technology...

Betagro launches pet food made with real meat

Thailand’s Betagro has launched Perfecta Care, a premium brand of dog and cat foods made with real meat specially formulated to keep pets healthy....

Value-added products raise Betagro’s profitability

Thailand’s Betagro is focusing on value-added and branded products to boost profit margins and partly mitigate the effect of price fluctuations in commodity farm...

Betagro rating raised on strengthened capital structure

Tris Rating, Thailand’s credit rating agency, has upgraded the company rating on Betagro Group and its senior unsecured debenture from A- to A due...

Betagro expects further growth in foodservice

Thailand’s Betagro is expanding its foodservice business and expects further growth in this segment. Dr Oliver Gottschall, COO of Food Business, said the company...

Meat companies aim for more exports

In South and Southeast Asia, meat companies are stepping up their game in export markets. Although companies are facing headwinds like higher production costs...

Betagro’s Q3 2022 revenue jumps 49%

Thailand’s Betagro posted USD 830 million in revenue for Q3 2022, up 49.2% yoy on higher sales from its agro, food and protein, pet...

Betagro H1 revenue, profit rise on higher prices

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...

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