COFCO JOYCOME Shares Climb Over 4% in Morning Trading on Strong March Hog Sales Data
Deep News
Apr 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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.