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Muyuan Foods' Finished Hog Sales Up 7.4% in May

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Muyuan Foods (HKG:2714, SHE:002714) sold nearly 6.9 million finished hogs in May, up 7.4% year on year, according to a Hong Kong bourse filing Friday.

The average selling price of finished hogs was around 9.80 yuan per kilogram, representing a year-on-year decrease of 33%.

The company generated 8.57 billion yuan in sales from finished hogs during the month, down 30% from a year prior.

The lower selling price and sales revenue of finished hogs were mainly due to fluctuations in hog market conditions.

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