Yili Reports Performance for 2011


Yili Industrial Group released its annual report for 2011 on March 27, showing that its total revenue increased by 25.25% to 37.45 billion yuan, which was 4.45 billion yuan higher than its annual target, and such a great performance was attributable to many factors, such as increased sales volume in liquid milk and milk powder, corporate restructuring and the rise of average product price. The net profit attributed to its shareholders grew by 42.49% to 6 billion yuan.

It planned to distribute 2.50 yuan (including tax) as dividend for every ten shares.

Despite a great number of international competitors, Yili continued its leading position in the market with its total sales of milk powder and other dairy products exceeding 5.6 billion yuan. Yili had 21% of market share and ranked first in Chinese milk powder market, according to statistics released by AC Nielson.


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