COFCO Joycome Foods Limited (Stock Code: 01610) announced that, based on preliminary unaudited consolidated management accounts for the year ended December 31, 2025, it is expected to record a loss attributable to owners of the Company before biological assets fair value adjustments of approximately RMB230 million to RMB350 million. This compares with a profit of approximately RMB259 million for the same period last year.
According to the announcement, the shift from profit to loss is primarily attributed to a significant year-on-year decline in hog selling prices, which remained at a low level and squeezed profit margins. Although hog production costs saw improvements and technology-driven initiatives began to deliver results in the fresh pork business, the overall profitability still decreased compared to the previous year. The audited annual results are expected to be published in March 2026, and shareholders and potential investors are advised to exercise caution when dealing in the Company’s shares.