Bangkok, 18 January 2023 – Betagro PCL (BTG), Thailand’s world-class branded food company, has its corporate and unsubordinated debenture ratings elevated to ‘A’ with a ‘stable’ outlook.
The upgrade, from ‘A-‘ previously assigned by the TRIS Rating, Thailand’s leading credit rating agency, mirrors greater confidence in BTG’s strong fundamentals, business potential and growth opportunities.
This is a result of a much stronger capital structure of the company following the successful Initial Public Offering (IPO) and listing on the Stock Exchange of Thailand, coupled with strengthening operating results, Vasit Taepaisitphongse, Chief Executive Officer and President of BTG, pointed out.
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