Xiangpiaopiao Reports Topline Growth but Shrinking Profit

Summary: Milk tea producer Xiangpiaopiao reported revenue in Q1-Q3 has increased by 29.31% YoY, but higher marketing costs have undermined its profitability in Q3.On 19 Oct., China's leading powdered milk tea brand Xiangpiaopiao Food Co., Ltd. (Xiang...

Dairy Products China News 202310

www.cnchemicals.com