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COFCO Meat (01610) Q2 fresh pork sales drop 13.4%
12 Jul 2019
(Infocast News) COFCO Meat Holdings (01610) announced that for the second quarter of 2019, its hog production dropped 7.5% on year to 638,000 heads, fresh pork sales dropped 13.4% to 42,000 tons and branded fresh port revenue as a percentage of fresh pork revenue was 33.0%, up 3.4 percentage points.

The average price for finishing hogs of the group in the second quarter was RMB13.9/kg. The three-year industry rolling average hog price in June was RMB14.6/kg.

(WL)
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