Regarding the reasons why the company's operating performance turned from loss to profit in 2024, Muyuan shares stated that it was mainly because the company's pig output and average pig sales price increased compared with the same period last year, and the pig breeding cost decreased compared with the same period last year.
It is worth noting that the net profit of 17 billion to 18 billion yuan is the second highest performance in the company's history, second only to 27.451 billion yuan in 2020.
Just a few days ago, the pig sales briefing disclosed by Muyuan russia telegram data Foodstuff Co., Ltd. showed that the total pig sales in 2024 reached 71.602 million heads, and the total sales revenue was 136.225 billion yuan, an increase of 12.20% and 25.88% respectively compared with 2023.
Among them, 8.578 million live pigs were sold in December, including 8.188 million commercial pigs, 360,000 piglets and 31,000 breeding pigs.
The company said that the increase in monthly output in December was mainly due to the increase in market demand as the Spring Festival approached. The company arranged production and sales plans based on market conditions and appropriately increased sales before the Spring Festival to ensure market supply. In addition, the market demand for breeding piglets has increased recently, and the company has supplied 390,000 breeding piglets to customers.