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FINWIRES

New Hope Liuhe Posts 17% Decline in June Pig Sales Revenue

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New Hope Liuhe (SHE:000876) logged June pig sales revenue of 1.38 billion yuan, down 17% from the previous year.

The number of pigs sold rose 27% year over year to 1.3 million pigs, according to a Wednesday filing with the Shenzhen bourse.

The average pig selling price fell 34% to 9.35 yuan per kilogram.

Shares of the agricultural company were down 5% Wednesday.

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