Betagro Public Company Limited (SET: BTG) announced its 3Q22 consolidated financial statement through the Stock Exchange of Thailand as follows;
| Quarter | 3Q22 | 3Q21 |
| Net Profit (Loss) Million Baht |
2,302.81 | -1,091.53 |
| Earning Per Share (Baht) |
1.5400 | -1.8200 |
| 9 Months | 2022 | 2021 |
| Net Profit (Loss) Million Baht |
6,141.75 | 107.79 |
| Earning Per Share (Baht) | 4.0900 | 0.1800 |
| % Change | 5,597.73 | |
Total income was at THB 29,690.7 million in 3Q22, an increase of 49.2% from THB 19,898.2 million in 3Q21. Total income growth was attributable to the growth of revenue from sale of goods and rendering of services from all businesses as follows: agro business, food and protein business, international business, pet business.
Meanwhile, total income was at THB 83,825.3 million for the nine months ended September 30, 2022, an increase of 33.5% from THB 62,801.3 million for the nine months ended September 30, 2021.
Profit for the period was at THB 2,407.2 million in 3Q22, a strong performance during the period from a loss of THB1,253.1 million in 3Q21. Net profit margin was at 8.1% in 3Q22, up from a loss of 6.3% in 3Q21.
Profit for the period was at THB 6,299.6 million for the nine months ended September 30, 2022 from a loss of THB 84.6 million for the nine months ended September 30, 2021. Net profit margin was at 7.5% for the nine months ended September 30, 2022, up from a loss of 0.1% for the nine months ended September 30, 2021.
Gross profit was at THB 6,258.9 million in 3Q22, an increase of 229.5% from THB1,899.3 million in 3Q21 and the gross profit margin was at 21.2% in 3Q22, up from 9.7% in 3Q21, due to an increase in selling prices of products in food and protein business, including pork, chicken, egg, processed food and processed meat products following increases in their market prices.
Meanwhile, gross profit was at THB 16,274.6 million for the nine months ended September 30, 2022, an increase of 89.6% from THB8,583.1 million for the nine months ended September 30, 2021 and the gross profit margin was at 19.7% for the nine months ended September 30, 2022, up from 13.8% for the nine months ended September 30, 2021.
