Inner Mongolia Yili Industrial Group Co Ltd Reports Mid-Year Results
Inner Mongolia Yili Industrial Group Co Ltd, a Chinese dairy products company, has released its mid-year results, showing a strong performance in revenue and net profit.
- Revenue: 619.33 billion yuan, a 3.37% increase year-on-year
- Net Profit: 70.16 billion yuan, a 31.78% increase year-on-year
The company’s diversified business structure has demonstrated resilience in the face of complex economic conditions.
Business Performance by Segment
- Dairy Products Business:
- Revenue growth in milk, powdered milk, and ice cream segments
- Market share in the infant formula segment: 18.1%, leading the market
- Market share in the adult milk segment: increasing
- Liquid milk business: stable market share leading the industry
- Cold Drink Business: revenue growth by double digits
Key Drivers of Performance
- Focus on quality and innovation
- Investment in research and development to improve products and processes
- Commitment to sustainability, aiming to achieve carbon neutrality in operations
The company’s performance marks a new high, solidifying its position as the leading dairy company in Asia.
