BTG surprises with record profit: 1.2 billion baht in the 3rd quarter!

BTG surprises with record profit: 1.2 billion baht in the 3rd quarter!

The latest developments in the third quarter of 2025 shed exciting light on the economic situation of Betagro (BTG), one of the leading companies in the Thai food industry. Loud Naevna BTG recorded a remarkable net profit increase of 19% year-on-year, despite a decline of 55% quarter-on-quarter. Net profit for the third quarter came in at 1.2 billion baht, beating analysts' expectations by 10%. In the first nine months of this year, the company even made a profit of 5.7 billion baht, an incredible increase of 282% year-on-year.

What are the main drivers behind this positive result? Reduced tax and interest expenses played a significant role: tax expenses fell to 134 million baht, a decline of 44% year-on-year, while interest expenses fell 16% to 167 million baht. This means that the actual interest expenses were below the forecasts, which were 195 million baht.

Sales and margins at a glance

BTG reported third-quarter revenue of 30.6 billion baht, up slightly 2% year-on-year, despite recording a 3% quarter-on-quarter decline. The largest share of sales, an impressive 52%, comes from the grocery business in Thailand, highlighting the company's stability in a highly competitive market.

The gross profit margin was 15.0%, an increase of 1.1 percentage points year-on-year. At the same time, the net margin, which takes into account all company expenses, shows how profitable BTG actually is. These metrics are important to evaluate the efficiency of the company as well Finvest explains: High margins indicate efficient production, while low margins could indicate possible difficulties.

A look into the future

Although the outlook for the fourth quarter of 2025 appears cautiously optimistic and a better year-on-year profit is forecast, the company faces challenges such as feed price fluctuations and a potential economic slowdown. Analysts expected a review of existing assumptions during a meeting on November 11, 2025. The company currently has an “Underperform” rating from analysts with a price target of 17.20 baht for the first half of 2026.

Overall, BTG's success reflects the robustness of the Thai economy, which is considered the second largest in Southeast Asia and is characterized by significant sectors such as industry, agriculture and tourism, such as Wikipedia determines. Thailand is not only historically and culturally rich, but has also established itself as a major player in the international market. With food processing thriving, BTG remains an important part of this dynamic economy.