The Zhitong Finance App learned that COFCO Jiajiakang (01610) fell nearly 3%. As of press release, it was down 2.25% to HK$1.085, with a turnover of HK$156.324 million.

According to the news, recently, COFCO Jiajiakang issued an announcement. It is estimated that the Group's losses due to company owners before the fair value adjustment of biological assets for the six months ending June 30, 2026 are about RMB 1 billion to RMB 1.2 billion (unaudited), and profit attributable to company owners before the same period in 2025 is approximately RMB 198 million.

According to the announcement, during the reporting period, the company continued to deepen cost management throughout the value chain. Through continuous promotion of breeding research and development and optimization and improvement of procurement, production and health management, breeding costs improved markedly, while using pig futures tools to hedge some operating risks; new product development, brand investment and channel development continued to strengthen, driving the overall performance of the brand business; and the feed business was deeply involved in product innovation and market expansion, and the scale grew year-on-year. However, the above measures were unable to fully offset the impact of lower pig sales prices on breeding performance, leading to a year-on-year decline in overall profit levels.

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