Keming Food disclosed its earnings forecast, expecting a net loss attributable to shareholders of 35 million to 60 million yuan in the first half of 2026, compared with a profit of 100 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 30 million to 55 million yuan, compared with a profit of 93.0387 million yuan in the same period last year. The company said that a sharp year-on-year decline in hog selling prices led to a drop in profits from its farming business, while the food segment saw its gross margin fall due to fluctuations in raw material costs.
Chen Ke Ming Food Manufacturing Co LtdSharp year-on-year decline in hog selling prices and raw material cost fluctuations causing losses.