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Wens Foodstuff Reports Higher Chicken Revenue, Lower Hog Sales in July

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Wens Foodstuff (SHE:300498) logged chicken meat sales revenue of 2.72 billion yuan in July, up 17% from 2.32 billion yuan the previous year.

The increase was driven by higher sales volume and higher broiler prices, which respectively climbed 1.5% and 16%, according to

a Wednesday aftermarket filing with the Shenzhen bourse.

Revenue from hog product sales declined 25% year over year to 3.66 billion yuan from 4.88 billion yuan, as sales volume and hog prices fell 13% and 26%, respectively.

Shares of the livestock producer were down nearly 1% in recent trade.

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