Muyuan Foods July sales revenue falls 10% despite volume growth

Muyuan Foods reported July sales of 6.355 million pigs, up 13.02% year-on-year, but revenue fell 10.41% to 11.639 billion yuan as average selling prices dropped 21.86% to 14.30 yuan per kilogram.

For January-July, the company sold 44.749 million pigs with total revenue of 82.507 billion yuan.