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Shennong Group expects net profit to fall by more than 70% in the first three quarters

 Last Update: 2021-11-03
 Source: Internet
 Author: User

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On October 18, Shennong Group issued a performance forecast.

During the reporting period, due to the increase in live pig inventory in the market, Shennong Group's feed sales and live pig slaughter volume increased.

According to Shennong Group, the reason for the decline in performance is that during the reporting period, the price of live pigs continued to fall, including external sales and sales to internal slaughter companies.

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