Betagro Q3 2026 profit rises 11.5%

Betagro Plc, one of Thailand’s leading integrated food companies, reported stronger financial results in Q3 2026 as revenue growth, tighter cost control and a greater focus on value-added products lifted earnings.

The performance highlights the company’s ability to maintain operational efficiency and supply chain resilience despite challenging market conditions. At the same time, Betagro continued strengthening its competitive position through premium product development and expansion into higher-potential markets.

The company recorded total revenue of USD 983.4 million in Q3 2026, up 7.5% year-on-year. Net profit rose 11.5% to USD 38.7 million from USD 34.7 million a year earlier.

Higher-margin products, ongoing efficiency improvements and tighter control of selling and administrative expenses supported profitability. The selling and administrative expense-to-sales ratio fell to 9.8% from 10.5% in the same quarter last year.

CEO Vasit Taepaisitphongse said the results reflected the company’s ability to navigate market challenges while maintaining stable production and deliveries, even during flooding.

He said advanced farm biosecurity systems, automation-driven cost management and continued expansion of the company’s premium product portfolio helped strengthen resilience across the business.

“These achievements reflect Betagro’s operational strength and ability to overcome market challenges. Our advanced farm biosecurity systems, automation-driven cost management across the supply chain and strategic expansion into premium markets have enabled us to maintain production and deliveries despite flooding. These capabilities will remain key drivers of sustainable value creation for our shareholders,” Mr Vasit said.

Export expansion supports year-end demand

To accommodate growing international demand ahead of the peak season, Betagro is expanding production capacity at all three of its cooked chicken processing plants serving export markets. The investment increases production capacity by 10% in 2026, equivalent to about 15,000 tons annually. 

As a result, the company’s total annual export production capacity now stands at 105,000 tons. The additional volume is expected to help the company fulfill customer orders during the year-end peak period while supporting further international growth.

“We are accelerating export growth while strengthening international brand recognition. We have already secured advance orders extending through the end of the year, supported by strong demand in key markets such as the European Union and Japan,” Mr Vasit said.

Beyond its established markets, the company plans to explore new export destinations to broaden sales opportunities and support long-term earnings growth.

Higher-margin products strengthen sales mix

Alongside its export push, Betagro continues to reshape its business portfolio toward products and sales channels that generate stronger margins.

During Q3 2026, revenue from the company’s Thai food business increased across key distribution channels. Foodservice revenue rose 22.2% year-on-year, while sales through modern trade channels increased 28.5%.

The international business also maintained strong momentum, with export revenue climbing 25.5% from the same period last year.

Much of that improvement came from processed food and ready-to-eat products. The performance reflects Betagro’s efforts to deepen its presence in high-potential markets and strengthen relationships with international business partners.

By improving its product mix and expanding market reach, the company aims to generate more sustainable returns while adapting to changing consumer preferences and intensifying competition across the food industry.

Sustainability strategy moves deeper into the supply chain

Beyond its financial performance, Betagro is advancing environmental initiatives as part of its long-term vision to build a more sustainable food ecosystem.

After achieving its greenhouse gas reduction targets for Scope 1 and Scope 2 emissions, the company is now increasing efforts to address Scope 3 emissions in collaboration with partners throughout its supply chain.

It aims to reduce greenhouse gas emissions by 25% by 2035 and reach net-zero emissions by 2050.

To support those goals, Betagro plans to work more closely with suppliers and business partners to reduce emissions and encourage sustainable practices across the food production value chain.

With stronger production capacity, rising export demand and continued investment in higher-margin products, the company is also working with supply chain partners to support its long-term sustainability objectives.