China
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Chinese dairy giant Yili reports US$10.24B in half year operating income
CHINA -Yili, a prominent player in the dairy industry, has released its 2023 H1 report revealing a 4.31% year-on-year surge in total operating income, reaching…
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Arla signs deal to expand into China’s food and nutrition markets
CHINA – Arla Foods Ingredients a multinational cooperative and Zhongbai Xingye Food Technology have signed a distribution agreement for Arla to provide its products to the…
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A2 Milk Company warns of weak revenue growth amid lower birthrates, stiff competition
NEW ZEALAND – Premium branded dairy nutritional company, A2 Milk, has warned of weak revenue growth and challenges in China’s infant milk formula (IFM) market…
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Kenya to halt powdered milk, fish imports from China in renewed push to boost local production
KENYA – The Kenyan government has revealed its plans to completely halt the importation of powdered milk and fish from China in a move to…
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Bubs Australia reports tumbling revenue in China market
AUSTRALIA – Global infant formula maker, Bubs Australia, has revealed that its China market revenue has tumbled in a recent trading update following the ousting…
