Muyuan Foods Reports 32.49% Drop in Commercial Hog Sales Revenue for April

Stock News

05/06

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.

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(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. 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