Tangrenshen has released its July hog sales briefing, reporting sales volume of 402,300 hogs for the month, up 14.42% year-on-year, but total sales revenue came to 311 million yuan, down 47.20% year-on-year. The company noted that the significant year-on-year decline in sales revenue was mainly due to fluctuations in the hog market and adjustments to its slaughter structure. The company had previously forecast a net loss attributable to the parent of 850 million to 1.05 billion yuan for the first half of 2026, a record high for the same period since listing, primarily due to a roughly 27.5% year-on-year drop in the average selling price of fattened hogs and inventory write-down provisions.
Tangrenshen Group Co LtdJuly hog sales revenue fell 47% YoY due to market fluctuations and slaughter structure adjustments, with a forecast record net loss for H1 2026.
