Muyuan Foods disclosed its July sales briefing, with the average selling price of commercial hogs falling 25.59% year-on-year to 10.64 yuan per kilogram, and sales revenue dropping 23.56% year-on-year to 8.897 billion yuan. Although sales volume rose 4.82% year-on-year to 6.661 million head, the company remains trapped in a dilemma of rising volume but falling prices. The company said the significant declines in price and revenue were mainly affected by fluctuations in the live pig market, and warned that a sharp future drop in hog prices could lead to a decline in performance. Earlier, the company forecast a net loss attributable to shareholders of 5.7 billion to 6.7 billion yuan for the first half of 2026, mainly due to a sharp year-on-year decline in hog prices, with the average selling price of commercial hogs at about 10.4 yuan per kilogram, down about 28% year-on-year. Looking back at historical performance, the company's 2025 revenue was 144.145 billion yuan, with net profit attributable to shareholders of 15.487 billion yuan, falling back again after a huge loss of 4.263 billion yuan in 2023 and a profit of 17.881 billion yuan in 2024.
Muyuan Foodstuff Co LtdHog prices fell 25.59% YoY, revenue down 23.56%, and first-half loss forecast up to 6.7 billion yuan due to market price declines.
