Consumer Staples, Real Estate Sep 01, 2021 07:58 AM (GMT+8) · EqualOcean
Financial Associated Press, September 1 (Xinhua) Wen's shares said in an investigation that the company's pig breeding cost was high in the first half of the year, which was a periodic abnormal fluctuation, mainly due to the high price of purchased pig seedlings in the early stage, low capacity utilization, high allocation of fixed costs, increased anti non investment, outsourcing of some breeding pigs and other reasons. The company has suspended the outsourcing of pig seedlings in May, and the cost is expected to return to normal in the fourth quarter of this year. The complete cost target of pig breeding is to reduce to about 10 yuan / kg in the second half of the year and below 8 yuan / kg next year.

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