COFCO JOYCOME Shares Climb Over 4% in Morning Trading on Strong March Hog Sales Data

Deep News
04/14

COFCO JOYCOME (01610) saw its shares rise more than 4% during the morning session. At the time of writing, the stock was up 3.73%, trading at HK$1.39, with a turnover of HK$35.5678 million.

The company recently announced its operational data for March. During the month, the number of commercial hogs slaughtered reached 550,000 head. The cumulative number of hogs slaughtered since the beginning of the year has totaled 1.52 million head.

In March, the average selling price for the company's commercial hogs was 9.57 yuan per kilogram. Sales volume of fresh pork amounted to 29,300 tonnes. Revenue from branded products accounted for 33.82% of the fresh pork segment's total revenue.

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