Jin Xinnong (002548.SZ) released semi-annual results, with a net loss of 388 million yuan to mother

According to Zhitong Finance App, Jin Xinnong (002548.SZ) released the 2026 semi-annual report. During the reporting period, the company achieved operating income of 2.32 billion yuan, a year-on-year decrease of 2.35%; net loss attributable to shareholders of listed companies of 388 million yuan; net loss attributable to shareholders of listed companies after deducting non-recurring profit and loss of 361 million yuan; basic earnings per share - 0.48 yuan.

During the reporting period, the company's pig sales increased and sales revenue declined, mainly due to the fact that the pig market price hit a new low in nearly ten years in the first half of the year. The average sales price of the company's commercial pigs fell 28.92% year on year, and the average sales price of piglets fell 54.66% year on year. Affected by a significant drop in pig sales prices, the company's pig breeding business experienced large losses. Faced with the severe market situation, the company adjusted its listing structure in due course during the reporting period and continued to promote cost reduction and efficiency measures.