Xinwufeng (600975.SH) announced its first-half results, changing from profit to loss of 736 million yuan

According to the Zhitong Finance App, Xinwufeng (600975.SH) released its 2026 semi-annual report. During the reporting period, the company achieved revenue of 2,833 billion yuan, a year-on-year decrease of 23.18%. Net loss attributable to shareholders of listed companies was 736 million yuan. Net loss of $743 million after deducting non-recurring profit and loss attributable to shareholders of listed companies. Mainly due to the continued slump in pig sales prices, profits decreased compared to the same period last year.

During the reporting period, net cash flow from operating activities decreased compared to the same period of the previous year, mainly due to a decrease in operating income during the reporting period, resulting in a decrease in cash received from the sale of goods and provision of services; an increase in cash payments for the purchase of goods and provision of labor services.