Muyuan Co., Ltd. (02714) issued a profit warning. Net loss of 5.7 billion yuan to 6.7 billion yuan is expected to change from profit to loss in the medium term

According to the Zhitong Finance App, Muyuan Co., Ltd. (02714) announced that the company expects a net loss of 5.7 billion yuan to 6.7 billion yuan for the six months ending June 30, 2026, and a profit of 10.79 billion yuan for the same period last year.

During the reporting period, the company deepened pig health management and production management to improve refined management capabilities. The cost of pig breeding decreased compared to the same period last year, but due to a sharp drop in pig sales prices, the average sales price of commercial pigs was about RMB 10.4 per kg, a year-on-year decrease of about 28%, which led to a loss in the company's operating performance during the reporting period.