Ningxia Xiaoming Agriculture & Animal Husbandry Co.LtdJune chicken product sales revenue fell 22.39% year-on-year due to off-season and cautious restocking.

Xiaoming Shares released a briefing on chicken product sales. In June, it sold 19.452 million birds of chicken products, with sales revenue of 75.0945 million yuan, down 17.26% and 14.52% month-on-month respectively, and down 15.66% and 22.39% year-on-year respectively. The main reason for the performance change is the company's proactive optimization of the chicken product sales mix, with the average selling price of chicken products rising month-on-month. In June, sales of commercial generation chicks entered the traditional off-season, coupled with a temporary pullback in egg prices, making farming units more cautious about restocking. However, commercial generation layer farming remains in a profitable range.
Ningxia Xiaoming Agriculture & Animal Husbandry Co.LtdJune chicken product sales revenue fell 22.39% year-on-year due to off-season and cautious restocking.