Dongpeng Beverage's performance in the first half of the year reached the upper limit of the forecast, intending to distribute a mid-term cash dividend of approximately 1 billion yuan. Interpretations

In the first half of the year, Dongpeng Beverage's revenue and net income increased by over 40% year-on-year, with net income reaching the upper limit of the previous forecast. The company plans to distribute a cash dividend of 25 yuan for every 10 shares.

cls.cnAug 30 11:06 ET

Due to the slowdown in consumer demand, the revenue and non-GAAP net income of Inner Mongolia Yili Industrial Group have decreased by 9.53% and 12.81% respectively. | Finance Report News

Due to the oversupply of raw milk, the retail price of dairy products has declined, and at the same time, consumer demand has slowed down, resulting in a decline in the company's product sales volume. This has dragged down the year-on-year revenue of Inner Mongolia Yili Industrial Group by 9.53%, and the non-GAAP net income by 12.81%.

wallstreetcnAug 29 12:49 ET

Bright Dairy & Food increased capital by 0.185 billion New Zealand dollars to continue to "underpin" the debt subsidiary. | Speed reading announcement

① Subsidiary New Latte plans to issue 0.308 billion shares to Bright Dairy & Food Holding Ltd at a price of 0.6 New Zealand dollars/share for a total financing of 0.185 billion New Zealand dollars. ② New Latte is doing this to repay its due debt. ③ Two months ago, Bright Dairy & Food provided a RMB loan of 0.561 billion to New Latte for the same purpose.

cls.cnAug 20 08:46 ET

Market recovery is slow and costs are rising, and Miakelanduo's net profit dropped by more than 90% in the second quarter丨Financial News

In the first half of this year, Miaokeranduo's operating income was 2,066 billion yuan, down 20.35% from the previous year; net profit from the previous year was 285.67 million yuan, a sharp drop of 78.36% from the previous year; net profit after deducting non-return net profit was 2,7572 million yuan, a sharp drop of 97.62% from the previous year. The company believes that factors such as slow recovery in the consumer market, rising costs, and exchange rate fluctuations were the main factors contributing to the company's poor performance in the second quarter and first half of the year.

wallstreetcnAug 28, 2023 14:22 ET

Ausnutria Dairy Appoints Independent Financial Adviser for Potential Buyout of Firm

MT NewswiresNov 17, 2021 21:50 ET

Baby Food Maker Beingmate Raises $39 Million From Sale of 5.3% Stake

MT NewswiresNov 1, 2021 22:52 ET