Muyuan Foods' Hog Sales Climb Marginally in August
MT Newswires Live
Sep 07
Muyuan Foods (HKG:2714, SHE:002714) sold over 7 million finished hogs in August, marginally up year on year, according to a Hong Kong bourse filing Monday.
The company generated 9.25 billion yuan in sales from finished hogs in the month, down 22% from a year prior.
The average selling price of finished hogs was around 10.30 yuan per kilogram, representing a year-on-year decrease of 24%.
The company attributed the lower selling price and sales revenue of finished hogs to fluctuations in hog market conditions.
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