Lihua Co., Ltd.: In February, sales revenue from broiler chickens was 1.157 billion yuan, a year-on-year increase of 50.46%

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Meijing AI Express: Lihua Co., Ltd. (300761) announced on March 6th that in February, it sold 40.9287 million broiler chickens, with sales revenue of 1.157 billion yuan. The average selling price of broilers was 12.25 yuan/kg, with month-over-month changes of -15.55%, -10.24%, and 5.33%, and year-over-year changes of 24.55%, 50.46%, and 18.13%. In February, the company sold 171,800 pigs, generating 251 million yuan in sales revenue. The average selling price of pigs was 12.08 yuan/kg, with month-over-month changes of -11.08%, -17.43%, and -7.93%, and year-over-year changes of -2.83%, -23.01%, and -20.00%. The increase in broiler sales revenue year-over-year in February is mainly due to the fact that last year’s February coincided closely with the Lunar New Year, during which the slaughter volume of commercial chickens significantly decreased; additionally, prices in February this year increased compared to the previous year.

Daily Economic News

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