Zhenghong Technology released its June hog sales briefing, with monthly sales revenue of 7.5742 million yuan, down 81.68% year-on-year. The company sold 10,200 hogs in June, up 15.25% month-on-month but down 61.56% year-on-year; sales revenue rose 0.21% month-on-month. In the first half of this year, the company sold a total of 53,200 hogs, down 15.61% year-on-year; cumulative sales revenue was 50.1321 million yuan, down 39.93% year-on-year. The significant year-on-year declines in hog sales prices and revenue were mainly due to fluctuations in the hog market.
Hunan Zhenghong Science and Technology Develop Co LtdJune hog sales revenue fell 81.68% YoY due to market fluctuations, indicating weak end-customer demand.