crashsimulatorpc| Muyuan Co., Ltd.'s revenue in 2023 is 110.861 billion yuan, and a total of 63.816 million pigs will be sold throughout the year
On the evening of April twenty _ sixthCrashsimulatorpcMuyuan issued its annual report for 2023 and the first quarter report for 2024. The company achieved an operating income of 1108 in 2023.CrashsimulatorpcThe net profit and loss attributed to the shareholders of the listed company was 4.263 billion yuan, the net cash flow from operating activities was 9.893 billion yuan, and the monetary fund was 19.429 billion yuan at the end of 2023.
Muyuan shares said in the announcement that the main reason for the loss in 2023 was the sharp decline in pig prices compared with the same period last year, and the average pig sales price in 2023 was about 20% lower than that in 2022. In 2023, the company produced 63.816 million pigs and slaughtered 13.26 million pigs.
In 2023, the company will continue to do a good job in pig health management and production management, improve the level of fine management and improve the performance of breeding. In the future, the company will continue to open up the technical path and optimize production management. With the improvement of the health level of pigs, various production indicators are expected to be gradually improved.
The average complete cost of pig farming of Muyuan shares in 2023 is about 15 yuan / kg, which is 0.7 yuan / kg lower than that in 2022, further consolidating the cost advantage; the capacity utilization rate of slaughtering meat business has increased from 25% in 2022 to 46%, and the level of per capita loss has been significantly reduced.
According to the first quarter report of Muyuan shares in 2024, during the reporting period, the company realized operating income of 26.272 billion yuan, and the net profit attributed to shareholders of the listed company was 2.379 billion yuan; the net cash flow generated by operating activities was 5.067 billion yuan, and the monetary fund was 23.024 billion yuan; a total of 16.011 million live pigs were sold, an increase of 15.6 percent over the same period last year, and the volume of production maintained a steady growth. In 2024, Muyuan is expected to produce 66 million to 72 million live pigs.
