Muyuan Foods Co., Ltd. (002714.SZ) announced that in April, the company sold 7.143 million commercial hogs, representing an 8.68% year-on-year increase. The average selling price for commercial hogs was 9.45 yuan per kilogram, a decrease of 35.54% compared to the same period last year. Revenue from commercial hog sales amounted to 8.503 billion yuan, down 32.49% year-on-year. The significant declines in both the selling price and revenue of commercial hogs were primarily due to fluctuations in the hog market.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments