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Wednesday, August 31, 2011
Mengniu's H1 net income grows 28%
August 31, 2011 Mengniu's H1 net income grows 28%   China's top dairy product maker Mengniu Dairy Co Ltd posted a 27.6% rise in first-half net profit to RMB789.75 million (US$123.7 million) on the back of solid sales growth. The company was ...
Friday, July 15, 2011
COFCO expands stake in Mengniu Dairy
July 14, 2011 COFCO expands stake in Mengniu Dairy COFCO Limited, one of the most renowned food makers in China, has increased its holdings in China Mengniu Dairy Co Ltd, according to the company's filing to the Hong Kong bourse. COFCO boug ...
Monday, July 4, 2011
Mengniu's Ningxia dairy plant begins operation
July 4, 2011 Mengniu's Ningxia dairy plant begins operation   Mengniu Dairy Co Ltd, one of China's top-ranking dairy product makers, announced lately that its dairy product plant in Yinchuan, Ningxia Autonomous Region, started production. T ...
Tuesday, June 14, 2011
COFCO to reclaim reins at Mengniu
June 14, 2011 COFCO to reclaim reins at Mengniu   COFCO, China's largest oils and food importer and exporter, is to further strengthen the control of China Mengniu Dairy Co Ltd, a leading manufacturing and distribution company of dairy prod ...
Monday, June 13, 2011
Chinese dairy firm Mengniu appoints new chairman
June 13, 2011 Chinese dairy firm Mengniu appoints new chairman   China Mengniu Dairy Co Ltd , the country's top dairy products maker by sales volume and value, on Friday (Jun 10) appointed a new chairman after the resignation of Niu Genshen ...
Monday, April 4, 2011
China Mengniu Dairy's 2010 net profit up 10.98%
April 4, 2011 China Mengniu Dairy's 2010 net profit up 10.98% China Mengniu Dairy Co Ltd, a major dairy producer based in Inner Mongolia, announced yesterday that its net profit increased 10.98% on-year to RMB1.24 billion (US$190 million), ...
Tuesday, November 23, 2010
Mengniu to buy 51% stake in Junlebao Dairy
November 23, 2010 Mengniu to buy 51% stake in Junlebao Dairy Inner Mongolia Mengniu Dairy will spend RMB469.2 million (US$70.6 million) to acquire a 51% equity stake in Junlebao Dairy, according to reports. After the acquisition, Mengniu Da ...
Monday, October 25, 2010
Mengniu apologises over Yili's milk rumour
October 25, 2010 Mengniu apologises over Yili's milk rumour Mengniu Dairy, one of China's top dairy firms apologised on Friday (Oct 22) after a member of staff made up claims that the products of its competitor - Yili contained an ingredien ...
Thursday, September 2, 2010
China's Mengniu Dairy posts decrease in net profit for H1
September 2, 2010 China's Mengniu Dairy posts decrease in net profit for H1 Mengniu reported first half revenue increased 19.31% on-year to RMB14.43 billion (US$2.12 billion) while net profit dropped 6.5% on-year to RMB619 million (US$91 mi ...
Thursday, May 6, 2010
US's Martek partners Mengniu in Chinese dairy market
May 6, 2010 US's Martek partners Mengniu in Chinese dairy market   DHA omega-3 innovator and maker of the life'sDHA™ brand, Martek Biosciences Corporation announced Tue (May 4) that it has signed a five-year agreement with leading Chinese d ...
Thursday, April 29, 2010
China Mengniu posts profit as sales recover
April 29, 2010 China Mengniu posts profit as sales recover China Mengniu Dairy Co. has returned to profit last year after sales and margins recovered from a scandal involving tainted dairy products in 2008. Net income was RMB1.1 billion (US ...
Tuesday, September 8, 2009
China's Mengniu Dairy H1 profit increases 14 percent
September 8, 2009 China's Mengniu Dairy H1 profit increases 14 percent China's Mengniu Dairy Co posted a rise of 14 percent in profit in the first half of this year as the country's largest liquid milk producer begins to recover from the me ...
Tuesday, September 1, 2009
COFCO CEO takes up chairman role in Mengniu Dairy
September 1, 2009 COFCO CEO takes up chairman role in Mengniu Dairy                           Yu Xubo, CEO of China National Cereals, Oils and Foodstuffs Corp (COFCO), replaced Niu Gensheng to become chairman of the Inner Mongolia subsidiar ...
Wednesday, July 29, 2009
China's COFCO, Hopu Investment purchase stake in Mengniu
July 29, 2009 China's COFCO, Hopu Investment purchase stake in Mengniu                         The joint financial venture between China's largest agricultural trading and processing company and a private equity firm to purchase a stake in ...
Monday, June 15, 2009
China's Yili one-up against Mengniu in latest dairy matchup
June 15, 2009 China's Yili one-up against Mengniu in latest dairy matchup The battle between two Inner Mongolia-based dairy giants, Yili and Mengniu, over the past decade has intensified recently as they try to recover from last year's mela ...
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