The principal activities of the Group are manufacturing and distribution of quality dairy products including liquid milk products (such as UHT milk, milk beverages and yogurt), ice cream, milk formula and other dairy products (such as cheese) in China.
The Group's profit attributable to shareholders for the 6 months ended 30-06-2019 amounted to RMB 2.08 billion, an increase of 33.0% compared with previous corresponding period. Basic earnings per share was RMB 0.5314. No dividend declared. Turnover amounted to RMB 39.86 billion, an increase of 15.6% over the same period last year, gross profit margin down 0.1% to 39.1%. (Announcement Date: 28 Aug 2019)
Business Review - For the six months ended June 30, 2019
In the first half of 2019, Mengniu’s four business divisions, namely…