Financials & Economic Updates
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Yili reports new heights of 12.31% rise in H1 revenue, the fastest growth rate in dairy industry
CHINA – Chinese dairy giant Yili Group has achieved the fastest growth rate in the dairy industry after it posted a 58.25% rise in the…
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a2milk reaps big from China’s mother-and-baby stores and domestic e-commerce in FY2022
CHINA – Premium branded dairy nutritional company, a2milk Company, has reported strong sales of its infant milk formula in China via both mother-and-baby stores and…
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Bubs Australia sees US as potential market for growth, confident of permanent approval from FDA
US – Infant-nutrition manufacturer Bubs Australia has expressed confidence in profiting more in the US market once approved by the US regulator to supply products…
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Hain Celestial registers 14% rise in revenue despite macroeconomic challenges
US – American food company Hain Celestial has reported a 14% year-on-year to US$457.01 million rise in revenue in the fourth-quarter Full Year 2022 results…
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Mengniu Dairy posts 27% rise in H1 profits, ice cream brand goes viral among consumers
CHINA – Chinese dairy giant Inner Mongolia Mengniu Dairy Group has reported a 27 percent increase in first-half Year-on-Year profits totaling 3.75 billion yuan after…
