---
title: "Muyuan Foods swings to FY26 H1 net loss of RMB 6.08 billion; revenue falls 22.3% to RMB 59.41 billion"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296475122.md"
description: "Muyuan Foods reported a net loss of RMB 6.08 billion for H1 2026, swinging from previous profits. Revenue declined 22.3% year-on-year to RMB 59.41 billion. Gross profit turned into a loss of RMB 936.1 million, with gross margin dropping to -1.6%. Operating cash flow swung to an outflow of RMB 2.22 billion, and EBITDA fell significantly to RMB 3.48 billion. Despite operational challenges, finished hog sales reached 38.6 million, while slaughter volume and pork product sales increased."
datetime: "2026-08-20T10:32:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296475122.md)
  - [en](https://longbridge.com/en/news/296475122.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296475122.md)
---

# Muyuan Foods swings to FY26 H1 net loss of RMB 6.08 billion; revenue falls 22.3% to RMB 59.41 billion

-   Muyuan Foods posted H1 2026 revenue of RMB 59.41 billion, down 22.3% year on year. \* Net profit swung to a loss of RMB 6.08 billion, with basic EPS at RMB -1.1 per share. \* Gross profit swung to a loss of RMB 936.1 million, cutting gross margin by 22.1 percentage points to -1.6%. \* Operating cash flow swung to an outflow of RMB 2.22 billion, while EBITDA fell to RMB 3.48 billion from RMB 19.85 billion. \* Finished hog sales totaled 38,615,000, slaughter volume rose 50.98% to 17,234,000, and pork product sales reached 1,916,500 tonnes. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Muyuan Foods Group Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260820-12292634), on August 20, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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