Muyuan Foods' Finished Hogs Sales Decline in February

MT Newswires Live
Mar 06

Muyuan Foods (HKG:2714; SHE:002714) sold around 4.60 million finished hogs in February, down 0.8% year on year, according to a Hong Kong bourse filing Thursday.

Shares of the pork producer were down nearly 1% in pre-market trade Friday.

The average selling price of finished hogs was around 11.59 yuan per kilogram, representing a year-on-year decrease of 19%.

The company generated 6.41 billion yuan in sales from finished hogs during the month, down 24% year on year.

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