Investor Presentaiton
1 Agro Segment - Business Overview
Revenue (1)
Adj. EBITDA (2)
FY2021
THB24.8bn
29.0% of Total Revenue
THB1.3bn
FY2022
THB28.4bn
25.2% of Total Revenue
THB0.9bn
Revenue (1) by
Business
Segment
Adj. EBITDA Margin: 5.4%
Adj. EBITDA Margin: 3.1%
Feed
FY2022 Revenue (1)
Others
Animal
Health
3.6%
13.5%
THB28.4bn
Others
Distribution
Channel
3.4%
Industrial
5.7%
28
Agent
21.9%
THB28.4bn
BETAGRO
■Livestock and aquaculture feeds sold to third
parties and used internally (~40%/60% split)
■As of 31 Dec 2022, we have 10 feed mills in
Lamphun, Lopburi, Nakhon Pathom, Nakhon
Ratchasima, Samut Prakan, Songkhla, Thailand
Feed Mill Production Volume ('000 Tons/Year)
YoY: 0.5%
3,710
3,730
3,172
3,385
PREMIUM
etagro
P-LAC
พี-แลค
BE-LAC
STANDARD
Balance FARM
ECONOMY
2019
2020
2021
2022
อะมิน่า
MASTER Amina
มาสเตอร์—
Health
■Produce: veterinary medicine, pre-mixes
(vitamins and minerals), disinfectants and
hygienics
■Distribute: animal vaccines and injection
solutions
■ 1 manufacturing plant in Lopburi, Thailand
B
BETTER PHARMA
82.9%
Feed
Animal
Others
Farm
69.0%
■Farm Equipment: ventilation systems, feeding
systems, watering systems
■Lab Services: laboratory lab testing services,
focusing on food safety assurance and animal
health monitoring control
■3 Betagro Science Center branches in
Bangkok, Lopburi and Phatthalung, Thailand
(1) Revenue = Revenue from Sales of Goods and Rendering of Services
22
(2) Adjusted EBITDA = Operating Profit Before Depreciation and Amortization. Calculated as segment operating profit (loss) adding back depreciation and amortization
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