WH Group shares fall 6.2% in Hong Kong after first-quarter results

4 articles · Updated · MarketWatch · Apr 29

Shares dropped as much as 8% before recovering, following an 8.8% rise in net profit and 6.7% revenue growth.
Despite higher sales volumes, pork segment revenue declined due to a 23% drop in China hog prices and an 18% fall in EU carcass prices.
Operating profit from pork fell 35%, with management expecting hog production losses to widen amid continued price pressures from increased supply and trade restrictions.

Can WH Group's packaged meats division rescue it from the pork market crisis?

How will China's massive pork surplus reshape global food trade?

Has the global pork industry's boom-and-bust cycle been permanently broken?

With hog prices crashing, why aren't consumers seeing cheaper pork at the store?

Is the pork industry's crisis the big break for alternative protein startups?

As African Swine Fever spreads in Europe, is a global pork pandemic inevitable?