Mengniu’s Increased Like for Like Sales vs. Decreased Profits in 2020

Summary: According to Mengniu's 2020 annual report published on 25 March, its revenue dropped 3.8% YoY to USD11.6 billion (RMB76.03 billion), but like-for-like revenues (exc. Junlebao and Bellamy's) rose 10.6% to USD11.44 billion (RMB75 billion); how...

Dairy Products China News 202104

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