The pig raising sector rose in the first week after the festival, and many enterprises lost money in this round of pig cycle

Every AI express, in the first week after the Spring Festival, the pig price fell, but the pig raising sector in the A-share market rose by 5.76%. The reporter’s investigation found that in this round of pig cycle, some pig raising enterprises have fallen into losses. Up to now, six of the ten enterprises in Shenwan pig breeding sector that have disclosed the performance forecast for 2021 have made losses in advance, of which, New Hope Liuhe Co.Ltd(000876) is expected to have a net profit loss of 8.6 billion yuan – 9.6 billion yuan; Tech-Bank Food Co.Ltd(002124) the estimated net profit loss is 3.5 billion yuan – 4 billion yuan; Wens Foodstuff Group Co.Ltd(300498) the estimated net profit loss is 13 billion-13.8 billion yuan. (China Central Television Finance)