Huaton Shares disclosed its earnings forecast, expecting a net loss attributable to shareholders of 400 million to 500 million yuan in the first half of 2026, compared with a profit of 73.0383 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 420 million to 520 million yuan, compared with a profit of 55.9856 million yuan a year earlier. Basic earnings per share are projected at negative 0.5 yuan to negative 0.62 yuan. The company stated that although hog slaughter volume increased year-on-year, persistently low hog prices led to a decline in farming profits. Meanwhile, due to falling market prices for live pigs and pork, it made provisions for inventory write-downs on consumable biological assets and pork inventories.
Zhejiang Huatong Meat Products Co LtdCompany expects net loss of 400-500 million yuan in H1 2026 vs profit last year, due to low hog prices and inventory write-downs.