Tecon Biology reports mixed live hog sales for november

Tecon Biology announced its live hog sales for November 2025, reporting 308,600 live hogs sold, an increase of 1.68% month-on-month and 8.13% year-on-year. However, sales revenue for the month was 420 million yuan, marking a 1.20% month-on-month increase but a 6.04% year-on-year decrease. The average selling price for commercial hogs (excluding piglets and breeding hogs) in November 2025 was 11.10 yuan/kg, up 1.19% month-on-month.

For the first eleven months of 2025, cumulative live hog sales reached 2.8944 million heads, a 6.67% increase compared to the same period last year. Despite the volume growth, cumulative sales revenue for this period was 4.178 billion yuan, representing an 8.40% decrease year-on-year.

The company issued a risk warning, stating that the reported sales figures only represent its live hog business and do not include other business segments. Furthermore, the data is unaudited and for reference only, potentially differing from figures in regular reports. Investors are advised to exercise caution and make rational decisions.