Xiangjia Shares disclosed its semi-annual report. Affected by the sluggish live poultry and hog markets, net profit attributable to the parent turned to a loss year-on-year in the first half of 2026. The company achieved total operating revenue of 2.316 billion yuan, up 8.57 percent year-on-year. Net loss attributable to the parent was 12.09 million yuan, compared with a profit of 5.85 million yuan in the same period last year. Net loss after deducting non-recurring items was 18.30 million yuan, compared with a loss of 5.41 million yuan a year earlier. Among major products, only hog revenue fell, by 18.55 percent. Gross margins for chilled products and hog products declined by 0.79 percentage points and 25.97 percentage points respectively year-on-year. Some of the company's fundraising projects progressed slowly. In the project to build a standardized breeding base for 13.5 million high-quality chickens, two chicken farms were not completed and put into production as originally planned. In the project to build a breeding base for 10,000 breeding pigs, the Gunziping breeding pig farm in Taiping Town was also not completed. The implementation periods of both projects have been extended to December 31, 2026.
Hunan Xiangjia Animal Husbandry CoNet loss attributable to parent in H1 2026 vs profit a year earlier; hog gross margin fell sharply.
