On Wednesday at 10:31 AM (Bangkok time), the share price of Betagro Public Company Limited (SET: BTG) jumped by 4.90% or THB 1.00 to THB 21.40, with a trading value of THB 39.63 million.
InnovestX Securities indicated that BTG bears short-term stock price catalysts from robust profit momentum. For the first quarter of 2025, the company is projected to record a normalized profit of 1.65 billion baht, which contrasts a decrease of 126 million baht in 1Q24 and marks a 73% increase from 4Q24.
This strength is expected to continue into the second quarter of 2025, either stabilizing or increasing from the previous quarter, and improving from the same period last year. This is attributed to higher domestic swine prices amidst low animal feed costs during 2Q25.
