July 10 (NBD) -- Chinese breeding company Muyuan Foods Co Ltd (Muyuan Foods, 002714.SZ) released Tuesday the revised performance forecast for the first half of 2018, predicting its net profit attributable to shareholders of the listed company to be -75 million to -85 million yuan (-11.3 million to -12.8 million U.S. dollars), down from the previous 100 million to 400 million yuan (15.1 million to 60.4 million U.S. dollars).

The performance change was led by the lower-than-expected selling price of pigs in April-June this year, the Henan-based company explained in its announcement.

Email: zhanglingxiao@nbd.com.cn