On July 14, Muyuan Foods fell 3.11% in regular trading, trading at HK$31.84/share, with turnover of HK$13.18 million. The decline reflects continued market digestion of the company's H1 profit warning disclosed on July 10.

The company forecast a net loss attributable to shareholders of 5.7 billion to 6.7 billion yuan for the first half, compared with a profit of 10.53 billion yuan in the same period last year — representing a swing of 154% to 164%. Commercial hog selling prices averaged approximately 10.4 yuan/kg, down roughly 28% year-over-year, cited as the primary driver of the loss. While breeding costs declined through enhanced health and production management, the magnitude of pig price declines far exceeded cost reduction gains. The current industry-average breeding cost stands at approximately 12 yuan/kg, with hog prices still below the sector-wide breakeven line despite a recent rebound above 11 yuan. Management noted that of the targeted 600-yuan-per-head cost reduction, 323 yuan had been achieved by end of May, with 277 yuan of potential remaining.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)