Muyuan Foods Group (02714) issued a profit warning, expecting a net loss of 5.7 billion to 6.7 billion yuan in the middle of the year, turning from profit to loss year-on-year.

Muyuan Foods Group (02714) announced that it is expected to incur a net loss of 5.7 billion to 6.7 billion yuan for the six months ending June 30, 2026, compared to a profit of 10.79 billion yuan in the same period last year. During the reporting period, the company deepened its health and production management of pigs, improved its refined management capabilities, and reduced the cost of pig farming compared to the same period last year. However, due to a significant decrease in the selling price of pigs compared to the same period last year, with an average selling price of about 10.4 yuan per kilogram, a decrease of approximately 28% year-on-year, the company experienced a loss in operational performance for the reporting period.