Muyuan Foods Co., Ltd. (MUYUAN) reported sales of approximately 7.14 million finished hogs in April 2026, an 8.68% year-on-year increase. Despite the higher volume, the average selling price slid 35.54% to RMB9.45 per kilogram, driving monthly hog sales revenue down 32.49% to RMB8.50 billion.
From January to April 2026, cumulative hog sales reached 25.51 million heads, generating RMB34.08 billion in revenue. Average prices moved lower each month, from RMB12.57/kg in January to RMB9.45/kg in April, reflecting sustained market weakness.
Operationally, wholly owned subsidiary Muyuan Meat Co., Ltd. and its units slaughtered 2.99 million hogs in April 2026.
Management highlighted three key risks: 1) material earnings sensitivity to hog-price volatility, 2) systemic market-price fluctuations inherent to the industry, and 3) potential impacts from animal diseases.
All disclosed figures are unaudited and may differ from those in future periodic reports. Investors are advised to factor in the noted risks when evaluating the company’s performance.
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