Huatong Co. released its 2026 interim report on August 26. First-half revenue was 3.54 billion yuan, down 16.6 percent year on year. Net loss attributable to the parent company was 476 million yuan, a year-on-year decline of 725.5 percent. Operating cash flow was negative 89.73 million yuan, down 120.3 percent year on year. Second-quarter revenue was 1.68 billion yuan, down 22.6 percent year on year, with a net loss attributable to the parent company of 236 million yuan. As of the end of the second quarter, total assets stood at 10.497 billion yuan and net assets attributable to the parent company at 3.36 billion yuan, down 12.4 percent from the end of the previous year. The company mainly engages in hog farming and slaughtering. Hog sales volume rose 21.82 percent year on year, but low pork prices led to lower revenue and losses. The company has taken measures such as delaying restocking and culling low-yield sows, and has flagged risks including food safety and animal disease.
Zhejiang Huatong Meat Products Co LtdFirst-half net loss of 476 million yuan, revenue down 16.6%, and negative operating cash flow.
