Muyuan Foods (SHE:002714) logged pig sales revenue of 9.39 billion yuan in November, down 20% from the previous year, according to a filing with the Shenzhen bourse.
The decline was due to a 29% year-on-year drop in the average selling price of pigs to 11.56 yuan per kilogram. Meanwhile, sales volume rose 12% to 6.6 million pigs.
Shares of the pig breeder were down 1% in recent trade.
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