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Jiangsu Lihua Animal Husbandry's Broiler Sales Rise
Jiangsu Lihua Animal Husbandry's (SHE:300761) broiler sales increased 21% to 1.20 billion yuan in June from 997 million yuan in the year-ago period, according to a Monday filing with the Shenzhen Stoc
Express News | Jiangsu Lihua Animal Husbandry Says June Hog Sales up 60.4% Y/Y at 178 Mln Yuan
Express News | Iangsu Lihua Animal Husbandry Says June Chicken Sales up 20.8% Y/Y at 1.2 Bln Yuan
China Galaxy Securities: Pig prices in Q3 2024 may continue to rebound in a volatile manner. Pay attention to the industry's adjustment layout opportunities.
Animal husbandry is currently a concern, and it is recommended to focus on the opportunity for the layout of hog farming industry's callback. The price of yellow chickens is somewhat correlated with hog prices, and considering the low supply side of oneself, there may be a possibility of price increase in the future.
Jiangsu Lihua Animal Husbandry Co., Ltd.'s (SZSE:300761) Share Price Could Signal Some Risk
With a median price-to-sales (or "P/S") ratio of close to 1.5x in the Food industry in China, you could be forgiven for feeling indifferent about Jiangsu Lihua Animal Husbandry Co., Ltd.'s (SZSE:3007
Jiangsu Lihua Animal Husbandry (300761.SZ): In May, the sales revenue of broiler chickens was 1.174 billion yuan, and the sales revenue of pigs was 194 million yuan.
On June 7th, Glorious Sun announced that in May 2024, Jiangsu Lihua Animal Husbandry (stock code 300761.SZ) sold a total of 41.4777 million meat chickens (including live chickens, animal slaughter products, and cooked products) with sales revenue of 1.174 billion yuan. The average sales price of live chickens was 13.50 yuan/kg, with a month-on-month change of 4.21%, 4.82%, and 3.69%, and a year-on-year change of 13.74%, 12.56%, and -0.30%. The company also sold 93,700 meat pigs in May 2024 with sales revenue of 194 million yuan and an average sales price of 16.38 yuan/kg, with a month-on-month change of 33%
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