On August 31, WH GROUP fell 3.24% in regular trading, trading at HK$7.56, with turnover of approximately HK$87.67 million.

The decline follows the company's interim results released on August 28, which revealed a revenue-profit divergence. H1 revenue rose 3.3% year-over-year to US$13.827 billion, while operating profit declined 2.2% to US$1.231 billion and attributable net profit fell 2.28% to US$770 million. Subsidiary Shuanghui Development posted H1 revenue of RMB28.184 billion, down 1.1%, with net profit declining 0.8%. Average hog prices in China plunged 27.5%, dragging pork segment revenue down 3.9%.

Multiple investment banks have lowered their earnings forecasts and target prices. Citi cut its target to HK$10.1 from HK$12.3, reducing earnings estimates by 6-11% for the period through 2028. Morgan Stanley trimmed its target to HK$11.4, while Goldman Sachs lowered to HK$11.1 and Jefferies to HK$11.66, all citing weaker packaged meat margins and subdued hog pricing in both China and the US.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)