New Hope Liuhe Swings to Attributable Loss in Q1

MT Newswires Live
May 01

New Hope Liuhe (SHE:000876) swung to an attributable loss of 897.7 million yuan in the first quarter from an attributable profit of 444.7 million yuan in the year-ago period, according to a Thursday filing with the Shenzhen bourse.

The pig farming company logged a loss per share of 0.20 yuan, swinging from earnings per share of 0.90 yuan in the prior-year period.

Operating revenue grew 12% year over year to 27.3 billion yuan from 24.4 billion yuan.

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