Betagro Public Company Limited

J74

Equity

ISIN TH0612010R10 / Valor 3659011

Deutsche Boerse AG (2024-11-20)

EUR 0.50-1.39%

Betagro Public Company Limited
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Betagro Public Company Limited is a diversified agro-industrial and food business entity based in Thailand, with expanding operations in neighboring countries such as Cambodia, Laos, and Myanmar. The company's business encompasses a wide range of activities, including the production and distribution of animal feed, operation of ranches, and a variety of distribution channels. Betagro is involved in the production and distribution of meat products, including chicken, eggs, and fish, both domestically and internationally. It has a significant presence in the meat processing sector, offering a variety of products ranging from cooked and ready-to-cook items to semi-cooked, ready-to-eat products, by-products, and protein alternatives. The company also operates its own farms and collaborates with local farmers across Thailand to enhance farm operations. Additionally, Betagro has ventured into the pet food market, producing and distributing food and care products for dogs and cats, which are available both locally and in overseas markets. The company emphasizes the importance of the agro-industry's upstream operations and is committed to ensuring quality throughout its production processes, aiming to develop sustainable business practices for its customers, partners, and farmers.

Summarized from source with an LLMView SourceSector: Consumer Non-Cyclicals

Gross Profit

In the first quarter of 2024, Betagro Public Company Limited reported a gross profit of 2,922 million Baht. This represents a decrease from the 3,398 million Baht recorded in the first quarter of 2023. The gross profit margin for 1Q2024 was 10.8%, down from 12.3% in 1Q2023.

EBITDA

Betagro Public Company Limited's EBITDA for the first quarter of 2024 stood at 1,487 million Baht, a decline from the 1,827 million Baht reported in the same period of the previous year. The EBITDA margin also decreased to 5.5% in 1Q2024 from 6.5% in 1Q2023.

Net Profit

The company experienced a significant drop in net profit, reporting a loss of 124 million Baht in the first quarter of 2024. This is a stark contrast to the net profit of 393 million Baht recorded in the first quarter of 2023. Consequently, the net profit margin fell to -0.5% in 1Q2024 from 1.4% in 1Q2023.

Return on Assets (ROA)

Betagro Public Company Limited's return on assets (ROA) for the first quarter of 2024 was -0.7%, indicating a decline from the 2.6% ROA reported in the first quarter of 2023. This negative ROA reflects the company's reduced profitability and asset efficiency during this period.

Return on Equity (ROE)

The return on equity (ROE) for Betagro Public Company Limited in the first quarter of 2024 was -2.0%, down from 5.5% in the same quarter of the previous year. This negative ROE highlights the challenges the company faced in generating returns for its shareholders during this period.

Summarized from source with an LLMView Source

Key figures

-11.1%1Y

%3Y

%5Y

Performance

30.3%1Y

37.3%3Y

37.3%5Y

Volatility