BAF – Brief – [NONRATED] – 2Q26: Operating Pressures Persist

In 2Q26, BAF recorded revenue of VND2,137bn, up 54.0% YoY and 21.3% QoQ. This growth was driven by: BAF's average selling price during the period was VND69,500/kg of live hogs, -11% YoY or -1% QoQ; Volume reached nearly 293,000 heads in 2Q26, up almost 72% YoY.