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Articles by 胡军华
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Over 10,000 Slaughterhouses Struggling to Survive! Shuanghui's Market Share Grows Against the Trend
In 2016, hog prices have remained persistently high, boosting profits in the breeding sector but squeezing downstream slaughterhouses as consumption falls and slaughter volumes plummet. The high hog prices have left most slaughter enterprises on the brink of collapse, while Shuanghui has managed to expand its market share through strategic adjustments.
胡军华Unafraid of Soaring Hog Prices! Shuanghui Imports 600 Million Yuan of Pork in Q1, Profits Grow Double Digits
China's hog prices have become a spectacle in world agricultural markets, exceeding 20 yuan per kilogram and staying high. Shuanghui Development (000895.SZ), at the downstream of the pork industry chain, appears to have weathered this round of high hog prices. On April 28, Shuanghui Development announced its Q1 2016 results, with both revenue and profit achieving double-digit growth. The company reported slaughtering 3.48 million hogs in the period, up 3.02% year-on-year, and selling 341,200 tons of fresh and frozen products, up 19.7%.
胡军华