---
title: "BRIEF: Muyuan’s April sales plunge 32% on falling hog prices"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/285503232.md"
description: "領先的豬肉生產商牧原食品有限公司；週二宣佈，4 月份銷售約 714 萬頭成品豬，同比增長 8.68%。但由於價格下跌，公司 4 月份成品豬銷售收入同比下降 32.49%，約為 85 億元人民幣（12.5 億美元）。該公司表示，4 月份成品豬的平均售價約為每公斤 9.45 元，同比下降 35.54%，主要由於豬肉市場波動。今年前四個月，牧原銷售了 2551 萬頭成品豬，收入約為 340.8 億元人民幣。"
datetime: "2026-05-07T07:30:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285503232.md)
  - [en](https://longbridge.com/en/news/285503232.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285503232.md)
---

# BRIEF: Muyuan’s April sales plunge 32% on falling hog prices

Leading pork producer **Muyuan Foods Co.** **Ltd.** (2714.HK; 002714.SZ) **announced** on Tuesday that it sold approximately 7.14 million finished hogs in April, up 8.68% year-on-year. But falling prices caused the company’s revenue from finished hog sales for the month to fall 32.49% year-on-year to about 8.5 billion yuan ($1.25 billion).

The company said the average selling price of finished hogs during the month was about 9.45 yuan per kilogram, down 35.54% from a year earlier, mainly due to fluctuations in the hog market.

In the first four months of the year, Muyuan sold 25.51 million finished hogs, generating revenue of about 34.08 billion yuan. From March to April alone, the average selling price fell further from 9.91 yuan per kilogram to 9.45 yuan.

The company’s wholly owned Muyuan Meat Products Co. Ltd. subsidiary slaughtered a total of nearly 3 million hogs during the period. The company also warned that declining hog prices and animal disease outbreaks could materially affect its operating results.

The company’s stock opened flat on Thursday, closing at HK$41.96 by the midday break, up 1.5%. The stock is up about 8% from its Hong Kong IPO price of HK$39 in February.

_By Lee Shih Ta_

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