Betagro Group has put off plan to list its common shares on the Stock Exchange of Thailand from this year to focus on operations improvement, CEO Vanus Taepaisitphongse said on Monday.

The foods processor and exporter firm noted it has remodeled management strategy and it paid off impressively in performance in the recent years.

Adopting the new tool, Mr. Vanus predicts the company’s turnover will be reaching 40 billion baht this year, up from 30 billion baht a year earlier.

He said Betagro’s export has been growing strongly, especially in the Japan and Europe markets.

At the present, Betagro Group is one of Thailand’s top five in the chicken industry with total export of 40,000 tons in 2007, and it is the country’s largest exporter of pork of total 12,000 tons in 2007.

“We will focus in creating jobs in the country’s rural areas,” Mr. Vanus said—referring to a discourse with Mechai Viravaidya, an economic guru, rural developer, and chairman of the Population and Community Development Association.

“This could also help sustained our competitiveness in addition to a corporate social responsibility program,” he said.