Wens Foodstuff Group's hog sales revenue has declined year-on-year for seven consecutive months, with net profit attributable to shareholders swinging from profit to a loss of 1.07 billion yuan in the first quarter of 2026. The company disclosed on August 5 that it sold 2.7421 million hogs in July, generating revenue of 3.662 billion yuan, down 24.91 percent year-on-year, with the average selling price of live hogs at 10.8 yuan per kilogram, a year-on-year drop of 25.93 percent. In June, hog revenue was 3.078 billion yuan, down 37.44 percent year-on-year; May revenue was 3.24 billion yuan, down 39.13 percent; April revenue was 3.86 billion yuan, down 30.39 percent; March revenue was 4.828 billion yuan, down 11.27 percent; February revenue was 3.956 billion yuan, down 15.58 percent; and January revenue was 4.698 billion yuan, down 12.17 percent. For the full year 2025, the company achieved operating revenue of 103.824 billion yuan, with net profit attributable to shareholders of 5.266 billion yuan, a year-on-year decline of 43.25 percent, mainly due to lower selling prices for broiler chickens and live hogs. Entering 2026, live hog prices continued to hit new lows, with the gross margin at just 2.71 percent in the first quarter, and net cash flow from operating activities plummeting by over 60 percent year-on-year to 1.289 billion yuan. In addition, as of June 30, 2026, the company's total borrowings had increased to 14.005 billion yuan, with cumulative new borrowings of 9.123 billion yuan in the first half of the year, accounting for 21.68 percent of the audited net assets at the end of the previous year, mainly used for purchasing raw materials and supplementing daily working capital.
Guangdong Wens Foodstuff Group Co LtdHog sales revenue fell for seven straight months with prices down 25.93% YoY, and Q1 net loss of 1.07 billion yuan.
