Wens Foodstuff July Sales: 113 Million Chickens, 2.74 Million Hogs; Revenue RMB 6.38 Billion
Wens Foodstuff Group reported July sales on Aug. 5. It sold 113 million chickens, generating RMB 2.721 billion in revenue at an average price of RMB 11.49 per kilogram, with month-on-month gains of 1.70% in volume, 1.68% in revenue and 1.14% in price, and year-on-year gains of 1.49%, 17.49% and 16.18%. Hog sales totaled 2.7421 million head, bringing RMB 3.662 billion at an average price of RMB 10.8 per kilogram. Monthly changes were plus 6.66% in volume, plus 18.97% in revenue and plus 12.27% in price; yearly changes were minus 13.36%, minus 24.91% and minus 25.93%, respectively.
Wens Foodstuff Group released its July main product sales briefing on Aug. 5. In July, it sold 113 million broiler chickens (including live chickens, fresh products and cooked products), generating revenue of RMB 2.721 billion, with an average live chicken price of RMB 11.49 per kilogram. Compared with the previous month, these figures changed by 1.70%, 1.68% and 1.14% respectively, and compared with the same period last year, they changed by 1.49%, 17.49% and 16.18% respectively.
In the same month, it sold 2.7421 million hogs (including live hogs and fresh products), generating revenue of RMB 3.662 billion, with an average live hog price of RMB 10.8 per kilogram. The month-on-month changes were plus 6.66% for volume, plus 18.97% for revenue and plus 12.27% for price; year-on-year changes were minus 13.36% for volume, minus 24.91% for revenue and minus 25.93% for price.
Why this event matters
The event has a measured impact on 1 industry. The strongest current signal is mixed for Livestock, with intensity 50/100 and 70% confidence over a short term horizon.
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.