Mongolia Yili sees 7pct down in H1 profit
China Knowledge reported that Inner Mongolia Yili Industrial Group Co a major Chinese dairy company net profit attributable to shareholders decreased 6.67%YoY to CNY 762 million in the first half of this year.
According to a statement filed with Shanghai Stock Exchange, basic earnings per share for the period were CNY 0.48 down by 5.88%YoY.
From January to Jun this year, the dairy company operation revenue increased 11.8% YoY to CNY 21.18 billion. Revenue from milk and dairy products business rose 11.31% YoY to CNY 20.77 billion in the six month period while that from mixed feed manufacturing surged 49.2% YoY to CNY 316.03 million.
The company investment income was CNY 15.43 million during the period, less than CNY 218 million it realized in the same period of 2011.
Source - China Knowledge
(www.steelguru.com)
According to a statement filed with Shanghai Stock Exchange, basic earnings per share for the period were CNY 0.48 down by 5.88%YoY.
From January to Jun this year, the dairy company operation revenue increased 11.8% YoY to CNY 21.18 billion. Revenue from milk and dairy products business rose 11.31% YoY to CNY 20.77 billion in the six month period while that from mixed feed manufacturing surged 49.2% YoY to CNY 316.03 million.
The company investment income was CNY 15.43 million during the period, less than CNY 218 million it realized in the same period of 2011.
Source - China Knowledge
(www.steelguru.com)
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