Luoniushan Co LtdExpects net loss of 290-330 million yuan in H1 2026, a sharp increase from 6.7 million loss last year, due to lower hog prices and asset impairment provisions.

Luoniushan disclosed its earnings forecast, expecting a net loss attributable to the parent company of 290 million to 330 million yuan in the first half of 2026, compared with a loss of 6.7171 million yuan in the same period last year. The company's hog slaughter volume increased by 43.75 percent year-on-year, but the price of commercial pigs fell by 35.69 percent year-on-year to 9.89 yuan per kilogram, leading to operating losses. In addition, based on the principle of prudence, the company made total asset impairment provisions of approximately 130 million yuan, including about 110 million yuan for price decline provisions on consumable biological assets.
Luoniushan Co LtdExpects net loss of 290-330 million yuan in H1 2026, a sharp increase from 6.7 million loss last year, due to lower hog prices and asset impairment provisions.