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Mengniu Announces 2021 Annual Results

indie
8 minutes

HONG KONG, Mar 30, 2022 - (ACN Newswire via SEAPRWire.com) - China Mengniu Dairy Company Limited and its subsidiaries (together as "Mengniu" or the "Group") (Stock Code: 2319), a leading dairy product manufacturer in China, has announced its audited annual results for the year ended 31 December 2021.In 2021, Mengniu seized the development opportunities in the dairy product industry through continuous product innovations and upgrades, rebranding efforts, and expanding online and offline channels for omnichannel development, leading to revenue growth that once again exceeded expectations. For the year ended 31 December 2021, the revenue of the Group amounted to RMB88,141.5 million, representing a year-on-year increase of 15.9%, reflecting the strength and resilience growth of the Group. Benefitting from the increase in revenue and operating efficiency, profit attributable to owners of the Company increased by 42.6% year-on-year to RMB5,025.5 million.2021 also marked the commencement of the Group's five-year strategic plan, "Creating a New Mengniu", which is of great importance to its future. While the prolonged COVID-19 epidemic continued to impact the global economy adversely, Mengn...

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Mengniu Releases 2020 Sustainability Report

indie
5 minutes

HONG KONG, Jun 26, 2021 - (ACN Newswire via SEAPRWire.com) - China Mengniu Dairy Company Limited ("Mengniu" or the "Group", HKEx: 2319), one of the leading dairy product manufacturers in China, announced that it has issued its 2020 Sustainability Report, which highlights Mengniu's practices and achievements in five key areas, including sustainability management, corporate governance, economy: more nutritious products, society: a better life, and environment: a more sustainable earth. In 2020, Mengniu adhered to its vision of "Promising a Healthier World" and its mission of "Producing More Nutritious Products, Guiding Consumers Towards a Better Life, and Safeguarding a Sustainable Planet", and reaffirms its commitment to sustainable development.Mr. Lu Minfang, Chief Executive Officer of Mengniu, commented, "Guided by a strong conviction that clear waters and green mountains are invaluable assets on our earth, we strongly believe that creating a path to sustainable development is the best choice for Mengniu's future. For the benefit of humanity and our planet, we continually imbed social responsibility into the foundation of our business, and sustainable development into the DNA of M...