Muyuan Foods posts first-half net loss of 6.078 billion yuan, swinging to a loss year-on-year

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Muyuan Foods released its 2026 semi-annual report. Net profit attributable to shareholders of the listed company for the first half was a loss of 6.078 billion yuan, compared with a profit of 10.53 billion yuan in the same period last year, swinging to a loss and plunging 157.72 percent year-on-year. The company achieved operating revenue of 59.41 billion yuan, down 22.30 percent year-on-year, and basic earnings per share fell from 1.96 yuan in the same period last year to a loss of 1.10 yuan. Net cash flow from operating activities was negative 2.224 billion yuan, a sharp reversal from a net inflow of 17.351 billion yuan in the same period last year. The company said the loss was mainly due to a relatively large year-on-year decline in hog sales prices.

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