Betagro Public Company Limited (SET: BTG) is setting its sights on a 3-7% revenue increase in 2026, building off last year’s THB 122,950.3 million in total revenues. The company, according to Senior Investor Relations Officer Prapripoo Phattanaphumthai, also plans to maintain a robust gross profit margin of 15-17%, while keeping selling and administrative expenses (SG&A to Sales) at a disciplined 9.5-10.5%, down from last year’s 10.5%.
The company’s growth plan is anchored by three core strategies: expanding growth internationally, shifting the sales mix toward high-margin products and channels, and enhancing cost control through technology and innovation.
For 2026, Betagro is targeting a 22-26% sales increase in international markets, especially within the CLM cluster (Cambodia, Laos, Myanmar). The company is also considering mergers and acquisitions, as well as joint ventures, to further penetrate new markets. This international focus is expected to contribute a larger share of overall group revenue.
Betagro will continue to pivot towards high-margin products and distribution channels. Within the next three years, the company expects the revenue share from these products to climb to 65% from 57% in 2025, while high-margin channels should grow to 52% from 47%.
Cost management is also a major focus, leveraging modern technology across procurement through delivery. In 2025, Betagro achieved THB 1,435 million in cost savings, and targets a further 2-5% cost reduction over the coming three years.
In 2026, Betagro aims to increase the export ratio of food and cooked products, leveraging stronger demand in Europe, South Korea, and Hong Kong. Export channel revenue is expected to rise 17-19% from the previous year. Pork sales are forecast to grow 7-9%, and chicken sales by 6-8%, benefiting from solid demand and new export opportunities, including permission to export pork to Malaysia starting March 2026.
Despite ongoing conflict in the Middle East increasing shipping costs industry-wide, BTG noted that the situation has no impact as the company’s shipping routes avoid the Strait of Hormuz and exposure to the region is a minimal 0.5% of export sales.
Betagro has allocated a THB 5.3 billion investment budget for 2026, earmarking THB 600 million for overseas M&A (with an ASEAN focus, such as the Philippines), and THB 4.7 billion for expanding and improving production facilities.
The board approved a 2025 annual dividend payout of THB 1.50 per share (up to THB 2,860.9 million total), which comprised THB 1.24 per share from taxed net profit and THB 0.26 from BOI-promoted income. BTG will receive an ex-dividend (XD) mark on 10 March 2026, with payment date scheduled for 20 May 2026.
