Betagro Eyes Major Business Restructure to Support Operational Efficiency and Future Growth

Mr. Vasit Taepaisitphongse, CEO of Betagro Public Company Limited (SET: BTG), revealed details on a significant overhaul of the company’s business structure aimed at enhancing operational efficiency and long-term organizational agility.

The restructuring focuses on three core business units, which together span the entire value chain from upstream to downstream and align with the company’s strategic growth plan for 2026. In parallel, BTG is intensifying efforts to expand into international markets while pursuing its sustainability goals.

The new structure is designed to sharpen BTG’s competitiveness, enabling the company to respond more effectively to emerging business opportunities and streamlining operations. The three main business groups now consist of Animal Nutrition and New Ventures, Thailand Food Business, and International Business.

For these business groups, newly appointed executives will take on key leadership roles. Mr. Chayadhorn Taepaisitphongse becomes President of the Animal Nutrition and New Ventures group, overseeing BTG’s upstream operations such as animal feed, animal health products, farm equipment, laboratory services, and new ventures—particularly investments in technology and food startups.

Mr. Somsak Boonlarp has been named President of the Thailand Food Business group, responsible for livestock farming, animal protein processing, and distribution of domestic products through all retail channels, from fresh markets to modern trades and restaurants.

International Business is now overseen by Mr. Vasit Taepaisitphongse in the role of Acting President of the business group. He will drive the company’s growth in Laos, Cambodia, Singapore, and other emerging markets, as well as oversee BTG’s export business under the group’s strategic growth plan.

Looking ahead to 2026, BTG plans to further accelerate its expansion in high-potential international markets, targeting a position as a regional leader in the food industry. This follows the successful acquisition of Eggriculture Foods Limited, a leading integrated egg producer in Singapore with strong business performance.

Mr. Vasit added that the reorganization will also help strengthen the company’s long-term financial performance. In the first nine months of 2025, BTG recorded a net profit of THB 5.65 billion, marking a 281.5% increase from the same period last year, despite challenges such as declining pork prices and a sudden shortfall in Cambodian labor caused by border disputes.

This labor shortage led to a temporary slowdown in pork processing operations, but effective labor management enabled BTG to resume production without major disruptions. The outlook for 2026 remains positive, given favorable raw material prices that are expected to support cost management.

Beyond strong financial results, BTG maintains a strong commitment to sustainable development, seeking to enhance its operations through widespread adoption of digital technologies.

By leveraging accurate and comprehensive data analytics and upholding robust governance, transparency, and accountability, BTG has earned recognition from leading organizations.

Notable achievements include upgrading its animal feed plants to Industry 4.0+ standards and receiving top-tier corporate governance honors—attaining a five-star rating for excellence from the Thai Institute of Directors Association (IOD) for two consecutive years, as well as the Highly Commended Sustainability Award from the Stock Exchange of Thailand (SET), which highlights companies with a deep focus on sustainable business practices.