New Hope Liuhe (SHE:000876) logged May pig sales revenue of 1.39 billion yuan, down 20% from the previous year.
The number of pigs sold rose 24% year over year to 1.3 million pigs in the same month, according to a Tuesday filing with the Shenzhen bourse.
The average pig selling price fell 35% to 9.48 yuan per kilogram.
Shares of the agricultural company were down 1% in recent trade.