Minhe Shares released its June chick sales briefing, reporting commercial-generation chick sales revenue of 63.9103 million yuan for the month, up 25.84% year-on-year but down 33.47% month-on-month. In June, the company sold 25.5741 million commercial-generation chicks, an increase of 5.16% year-on-year but a decrease of 10.28% month-on-month. The company stated that the month-on-month decline in sales revenue was mainly due to lower commercial-generation chick selling prices and reduced chick sales volume caused by market fluctuations.
Shandong Minhe Animal Husbandry Co LtdMonth-on-month decline in sales revenue due to lower chick selling prices and reduced volume from market fluctuations.