Tech-Bank Food announced its July commercial pig sales. Its controlling subsidiaries sold a total of 706,200 commercial pigs, generating 517 million yuan in revenue. Sales volume and revenue rose 4.76% and 5.16% month-on-month respectively. Among these, piglet sales reached 292,500 head, and the overall average selling price of commercial pigs was 10.63 yuan per kilogram, up 10.51% from the previous month. In the first seven months of this year, the controlling subsidiaries sold a cumulative 4,593,600 commercial pigs, with total revenue of 3.84 billion yuan. Cumulative sales volume grew 31.44% year-on-year, but cumulative revenue fell 20.49% year-on-year. The company cautioned that fluctuations in live pig prices are a systemic external risk for the industry and could have a significant impact on operating performance.
Ningbo Tech-Bank Co LtdJuly commercial pig sales volume and revenue rose month-on-month, with average selling price up 10.51%.
