Wens Foodstuff said H1 poultry operations posted a small loss of about 100 mln
yuan, hit by weak yellow‑feather broiler prices. Since August prices have
rebounded sharply to roughly 6.9 yuan/jin; the company estimates poultry turned
profitable in August. Q3 is the seasonal meat‑chicken peak and Wens expects
further cyclical upside from back‑to‑school institutional catering and holiday
stocking, forecasting the poultry business should contribute a reasonable
full‑year profit. Wens expects 2027 poultry conditions to be better than 2026.
The company’s 2026 broiler sales target is a 5–10% increase versus 2025, with a
medium‑to‑long‑term sales goal of 1.8 bln birds. In 1H poultry accounted for
about 30–40% of revenue and provided stable cash flow, underscoring the hedging
role of its dual core businesses.
