Dabeinong November live hog revenue falls despite higher sales volume

Beijing Dabeinong Technology Group announced its live hog sales for November 2025, with revenues reaching 512 million yuan from 415,100 head sold. This represents an 11.57% month-over-month decrease and a 25.26% year-over-year decline in revenue. Sales volume, however, increased by 10.72% year-over-year, despite a 9.76% month-over-month decrease. The average selling price for November was 11.51 yuan per kilogram.

For the first eleven months of 2025, the company's cumulative live hog sales reached 4.036 million head, a 26.06% increase compared to the same period last year. Cumulative revenue for this period totaled 5.99 bn yuan, up 7.85% year-over-year. The company noted that the year-over-year decrease in November's sales revenue was primarily due to shifts in the domestic live hog market.

The company also highlighted that these figures pertain solely to its live hog sales from its breeding platforms and do not include other business segments. Investors are cautioned about the inherent risks associated with live hog market price fluctuations, which are systemic to the industry and can significantly impact operational performance.