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After losing the entire first half of the year, Muyuan, a leader in pig farming, turned losses into profits in the third quarter. The third quarterly report for 2022 shows that the revenue in the first three quarters was 80.774 billion yuan and the attributable net profit was about 1.512 billion yuan. In the third quarter alone, Muyuan’s net profit was 8.196 billion yuan, up 1097.41% year-over-year. As for the reasons for the substantial increase in performance in the third quarter, the reporter called Muyuan as an investor, the other party said that the increase in performance is mainly due to changes in pig prices and improved performance of the pig. pig farming.
Questions and answers about the company 丨 Muyuan Co., Ltd .: The increase in performance in the third quarter is due to changes in pig prices and improved performance of the pig farm
After losing the entire first half of the year, Muyuan, a leader in pig farming, turned losses into profits in the third quarter. The third quarterly report for 2022 shows that the revenue in the first three quarters was 80.774 billion yuan and the attributable net profit was about 1.512 billion yuan. In the third quarter alone, Muyuan’s net profit was 8.196 billion yuan, up 1097.41% year-over-year. As for the reasons for the substantial increase in performance in the third quarter, the reporter called Muyuan as an investor, the other party said that the increase in performance is mainly due to changes in pig prices and improved performance of the pig. pig farming.
