Muyuan reported Q1 revenue of 29.9 billion yuan, down 17.1% year on year. The company reported a loss of 1.2 billion yuan, down from a profit of 4.5 billion yuan in Q1 2025.
Despite the falling hog prices last year, the company reported a profit of 515 million yuan in Q4.
The company noted that it will continue to expand downstream with its slaughtering and meat processing segments. It plans to expand capacity in the slaughtering segment because its capacity utilization in Q1 was over 100%, and ...