Muyuan Foods Boosts Hog Volumes but Revenue Hit by Sharp Price Decline
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Muyuan Foods Co Ltd (HK:2714) reported a year-on-year increase of 8.68% in hog sales, totaling 7.14 million finished hogs in April 2026. However, the average selling price dropped by 35.54% to RMB9.45 per kilogram, leading to a 32.49% decline in sales revenue to approximately RMB8.5 billion. The company cautioned that price volatility and animal disease risks could significantly impact its financial results, indicating ongoing uncertainty in the hog production sector. Analysts maintain a Buy rating with a price target of HK$68.00 for the stock.
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