Thailand’s agrifood company Betagro reported a net profit of around USD 36 million in Q3 2025year-on-year (yoy). The company’s net profit margin reached 3.8%, reflecting improved operational efficiency and stronger gross margin.
The increase was mainly attributable to better cost control and a strategic focus on high-margin products.
Sales volume growth offsets price declines
Total income for the quarter was around USD 949 million, rising 2% yoy. This growth was fueled by a 7.3% increase in sales volume in Thailand’s food business, specifically pork, chicken and egg products. The agro and pet business also contributed to the rise.
Expanded production capacity supported this growth, allowing Betagro to meet higher demand from both domestic and international customers.
However, selling prices declined, particularly for domestic pork, due to seasonal demand drops and labor shortages.
These temporary factors—linked to the rainy season and reduced Cambodian labor—are expected to improve in Q4 2025.
Gross profit rises on efficiency, input costs
Gross profit for Q3 stood at USD 142 million, rising 10.5% yoy. Meanwhile, gross profit margin improved to 15%, up from 13.9% in Q3 2024.
Lower raw material prices and enhanced production efficiency played key roles in the margin expansion. Betagro’s portfolio optimization, which focused on high-margin products and channels, further strengthened its profitability.
Strong nine months
From January to September 2025, the company generated revenue of USD 2.86 billion, up from USD 2.61 billion a year ago. Net income surged to USD 174.73 million compared to USD 45.8 million in the previous year.