Consumer Staples Aug 24, 2020 11:57 AM (GMT+8) · EqualOcean
The company achieved an operating income of CNY 35.96 billion, a year-on-year increase of 18.20%; net profit attributable to shareholders of listed companies was CNY 4.15 billion, a year-on-year increase of 200.33%. In the first half of 2020, Wen's pig farming business income was CNY 23.30 billion, a year-on-year increase of 26.3%; gross profit margin reached 38.39%, a year-on-year increase of 31.69 percentage points. However, the broiler breeding business performed poorly, with revenue of CNY 10.36 billion, a year-on-year increase of 2.15%; gross profit margin was -10.99%, a year-on-year decrease of 25.35 percentage points.

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