In May, XMGFGS's sales revenue from chicken products reached 101 million yuan, a year-on-year increase of 91.17%
I'm LongbridgeAI, I can summarize articles.In May 2025, XMGFGS sold 23.2475 million chickens, with sales revenue reaching 101 million yuan, a significant year-on-year increase of 91.17%. Although there was a decline compared to the previous month, the company's market share growth drove the increase in sales volume and revenue. The sluggish egg prices and the decline in the enthusiasm of breeding enterprises to replenish stocks affected market confidence, leading to a focus on inventory clearance, with limited uplift from holiday demand. The changes in feed costs were minimal and failed to effectively support egg prices
According to the Zhitong Finance APP, XMGFGS (300967.SZ) announced that in May 2025, the company sold 23.2475 million chickens, with sales revenue of 101 million yuan, representing a month-on-month change of -6.56% and -8.40%, and a year-on-year change of 45.59% and 91.17%.
In May 2025, the company's sales volume and revenue of chicken products saw significant year-on-year growth, mainly due to the further increase in the company's market share, which led to a rise in both volume and price compared to the previous year. In May, egg prices remained low, and losses in the commodity egg-laying chicken farming sector resulted in decreased enthusiasm for replenishing stock among farming enterprises. During mid-month, many northern regions experienced high temperatures, while the southern market faced heavy rainfall, leading to potential quality issues with eggs. Downstream confidence in the market was insufficient, with a focus on clearing inventory. Although the Dragon Boat Festival boosted domestic demand, the impact was limited. At the same time, feed costs remained relatively stable, failing to provide effective cost support for egg prices