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Lihua Animal Husbandry's Chicken Sales Revenue Rises 23%, Hog Sales Revenue Slips 6% in July

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Jiangsu Lihua Animal Husbandry (SHE:300761) posted higher revenue from chicken sales in July, while hog sales revenue slipped in the same month, according to a Shenzhen bourse filing on Thursday.

The Chinese livestock company's shares slipped 1% at the close of Friday's trade.

The company generated 1.27 billion yuan in revenue from chicken sales in July, rising 23% from a year earlier.

The number of sold chickens rose 4.6% year on year to 51.4 million, with the average selling price climbing 14% to 11.11 yuan per kilogram.

Meanwhile, revenue from hog sales fell 6.2% year on year to 244 million yuan. The company sold 177,200 hogs for an average of 11.16 yuan per kilogram, with the sales volume jumping 22% and selling price dropping 24% from a year earlier.

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