Consumer Staples Aug 10, 2020 12:08 PM (GMT+8) · EqualOcean
Wens Foodstuff sold 738,600 pigs in July 2020, with revenue of CNY 3.37 billion, and the average sales price of pigs was CNY 37.42/kg. The month-on-month changes were -12.95%, -3.93%, and 12.20%, and the year-on-year changes were -57.36%. , 4.72%, 116.93%. The reason of declined sales is the company's overall reduction in seedling investment in the previous stage, increased selection of breeding pigs and increased pig weight. The reason of increased price of pork hogs is tight domestic hog supply.
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