Dabeinong disclosed its earnings forecast, expecting a net loss attributable to shareholders of 600 million to 680 million yuan in the first half of 2026, compared with a profit of 235 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 590 million to 670 million yuan, versus a profit of 171 million yuan a year earlier. Basic loss per share is projected at 0.14 to 0.16 yuan. The company stated that although sales volumes of seeds, feed, and live pigs increased year-on-year, and pig farming costs declined, the average selling price of commercial pigs fell by about 30 percent year-on-year due to a sluggish hog market, causing the pig farming business and overall operating results to swing from profit to loss.
Beijing Dabeinong Technology Group Co LtdAverage selling price of commercial pigs fell ~30% YoY due to sluggish hog market, swinging pig farming business to loss.