Yili’s subsidiaries report revenue growth of 16% in H1 2025

NEW ZEALAND – Westland Milk Products and Oceania Dairy, dairy subsidiaries of the Yili group, have reported a 12% profit growth for the first half of 2025.

According to Yili, consumer butter production capacity at Hokitika (Westland Milk) has been boosted by 10,000 tonnes, while increased skim-milk powder production capacity at Glenavy (Oceania Dairy) has also led to increased production of UHT cream at Rolleston, with ODL cream now diverted to the Rolleston site.

The production capacity at Rolleston of UHT cream for the Chinese market has been boosted by 20% following an investment in a new silo and improvements to the unloading facility.

Executive Director Zhiqiang Li said profitability is expected to continue to climb for both companies well into 2026.

“Production capacity of high-demand, high-value products across Westland’s Hokitika and Rolleston sites and ODL’s Glenavy facility has undergone significant investment to capitalise on surging global demand for high-quality dairy products.”

Li said both Westland and ODL, which since 2024 have also operated under a co- operative external sales arrangement, are well positioned to build revenue growth off the back of increased production capacity.

“Greater efficiencies and production capacity under this co-operative arrangement give us far more opportunities to optimize product mix and build on our high-value strategy. Profits for the individual companies in the meantime will go through a consolidation period, however, both total revenue and profit margins are expected to continue to show healthy growth,” he said

Yili Group reports US$15.98B revenue FY2024

In FY2024, the company reported a total revenue of 115.78 billion yuan (US$15.98 billion), further solidifying its position as Asia’s top dairy producer.

Its liquid milk business generated revenue of 75.003 billion yuan (US$10.35 billion), consolidating its leading position and expanding its scale advantages.

The ice cream segment reported revenue of 8.721 billion yuan (US$1.20 billion), securing the top spot in both revenue and market share for the 30th consecutive year.

The milk powder and related businesses achieved a record-high revenue of 29.675 billion yuan (US$4.10 billion), with milk powder sales maintaining the leading position in China, and goat milk formula ranking first globally in both sales volume and revenue.

Yili’s international business also demonstrated robust growth in FY2024, with overseas ice cream revenue growing by 13% and infant formula revenue surging by 68% in global markets.

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