In 2023, the pig industry has encountered a huge challenge, which has led to a general loss of pig enterprises. The three A-share pig giants, Muyuan shares, Wen's shares and New Hope, have all released upcoming performance forecasts, and it is expected that the total loss of non-net profit will exceed 14.3 billion yuan. Among these companies, Wen's shares have become the "king of losses" in 2023.
Deduction of non-net profit is an important indicator that reflects the actual operation of the main business of an enterprise. It excludes the impact of some non-recurring items and provides a more accurate picture of the company's earnings. However, in 2023, the pig industry has faced many difficulties, resulting in a general loss for pig enterprises. This situation has also been confirmed by industry leaders such as Muyuan, Wen's and New Hope.
Wen's shares, as a leading enterprise in the pig industry, have suffered greater loss pressure. While this is a huge challenge for businesses, they continue to work hard to address this dilemma and find solutions. In these difficult times, they not only need to deal with market volatility and cost pressures, but also need to re-examine their business models and management methods to find a path back to profitability.
The plight of the pig industry is due to a number of reasons. Among them, the impact of the African swine fever epidemic is one of the main reasons. This epidemic has led to a shortage of pork and a significant increase in pork production, which has brought great challenges to pig enterprises. In addition, pig enterprises are also facing problems such as feed costs** and improved breeding environment, which have a negative impact on their profitability.
However, there are also opportunities in the midst of adversity. Pig enterprises can cope with the difficulties with the help of technological innovation and adjustment of business strategies. For example, strengthen cooperation with breeding bases to improve production efficiency and quality control; Actively look for opportunities for market differentiation and development, and develop the high-end product market; Strengthen the prevention and control of epidemic diseases, improve the health management level of pig breeding, etc.
**10,000 Fans Incentive Plan
Although 2023 is a difficult year for pig businesses, it is also a challenge that the pig industry must address. In the face of difficulties, pig enterprises need to maintain a calm and optimistic attitude, find a way to deal with it, and meet new opportunities on the road to the recovery and development of the industry.
In conclusion, the pig industry is facing serious challenges in 2023, resulting in widespread losses for pig enterprises. A-share pig giants such as Muyuan shares, Wen's shares and New Hope are expected to lose more than 14.3 billion yuan in total non-net profits, of which Wen's shares have become the "king of losses" that year. However, in the face of this dilemma, pig enterprises need to actively respond, find solutions, and welcome new opportunities in the recovery of the industry.