Trade MENGNIU DAIRY - 2319 CFD

China Mengniu Dairy Company Limited Company profile

About China Mengniu Dairy Company Limited

China Mengniu Dairy Company Limited is an investment holding company principally engaged in the manufacture and distribution of quality dairy products in China. The products include liquid milk products (such as milk beverages and yogurt), ice cream, milk formula and other products (such as cheese). The Company's subsidiaries include Mengniu (China) Investment Company Limited, China Mengniu International Co., Ltd. and Plant Base Limited. Through its subsidiaries, the Company is also engaged in the manufacture and sale of plant-based beverages.

Financial summary

BRIEF: For the six months ended 30 June 2021, China Mengniu Dairy Company Limited revenues increased 22% to RMB45.91B. Net income increased from RMB1.21B to RMB2.95B. Revenues reflect Liquid Milk segment increase of 21% to RMB39.45B, Ice Cream segment increase of 35% to RMB3B, Other Dairy Products segment increase of 98% to RMB905.9M, Mainland China segment increase of 23% to RMB44.93B, Overseas segment increase of 1% to RMB976.4M.