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Tiankang Biology: Briefing on pig sales in September 2024
Strong Week for TECON BIOLOGYLTD (SZSE:002100) Shareholders Doesn't Alleviate Pain of Five-year Loss
Tecon Biology Grows August Pig Sales Revenue on Higher Prices
Tecon Biology Co.Ltd (002100.SZ): In August, hog sales revenue reached 0.458 billion yuan, a year-on-year increase of 10.36%.
On September 9th, GeLongHui reported that Tecon Biology Co. Ltd (002100.SZ) announced that in August 2024, the company sold 0.2395 million heads of live pigs, with a month-on-month increase of 8.22% and a year-on-year decrease of 6.66%; sales revenue was 0.458 billion yuan, with a month-on-month increase of 13.93% and a year-on-year increase of 10.36%. In August 2024, the average selling price of commercial pigs (excluding piglets and breeding pigs) was 19.03 yuan/kg, an increase of 8.06% compared to the previous month. From January to August 2024, the company accumulated sales of 1.8621 million live pigs, a 2.20% increase from the same period last year; cumulative sales revenue was 31 billion yuan.
Investors Holding Back On TECON BIOLOGY Co.LTD (SZSE:002100)
GF Securities: The high prosperity of the pig industry is expected to continue. Pay attention to the positive increase in aquatic seedling investment in the third quarter.
The average price of live pigs in August continues to rise, and with the gradual arrival of the peak consumption season after September, pig prices are expected to continue to remain strong. The late August and early September batch of piglet stocking volumes have increased significantly compared to the same period last year, and the subsequent off-season stocking is expected to continue this trend.
TECON BIOLOGYLTD (SZSE:002100 Investor Three-year Losses Grow to 29% as the Stock Sheds CN¥478m This Past WeekNo Data
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