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Muyuan Foods' Hog Sales Climb 4.8% in July

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Muyuan Foods (HKG:2714, SHE:002714) sold nearly 6.7 million finished hogs in July, up 4.8% year on year, according to a Hong Kong bourse filing Wednesday.

The company generated 8.9 billion yuan in sales from finished hogs in the month, down 24% from a year prior.

The average selling price of finished hogs was around 10.64 yuan per kilogram, representing a year-on-year decrease of 26%.

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

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