COFCO Joycome Issues Profit Warning, Expects H1 2026 Loss of 1-1.2 Billion Yuan

According to a company announcement, COFCO Joycome (01610) expects a loss attributable to shareholders of between 1 billion and 1.2 billion yuan for the six months ending June 30, 2026, compared with a profit of 198 million yuan in the same period last year. The decline is primarily due to lower hog sales prices, which compressed profitability in the breeding operations despite ongoing cost optimization efforts.
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