HOHHOT, China, Sept. 02, 2024 (GLOBE NEWSWIRE) -- On August 29, Yili Group (600887.SS) released its FY2024 H1 report. During the reporting period, the company continued to solidify its industrial leadership with a total revenue of 59.915 billion yuan ($8.45 billion). With a record-high growth of 19.44% YoY in net profit attributable to the parent company totaling 7.531 billion yuan ($1.06 billion), it has set a new record amongst Asian dairy companies.
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In the 2024 Global Dairy Top 20 Report published by Rabobank, Yili once again secured its place among the global top five, firmly holding onto its top leadership position in the Asian dairy industry for the 11th consecutive year.
In FY2024 H1, the company's liquid milk business recorded a revenue of 36.887 billion yuan ($5.20 billion), ...
