China's Mengniu opens dairy factory in Indonesia
China’s leading dairy firm Mengniu on Thursday opened a factory in Indonesia’s West Java province’s Cikarang industrial zone.
Dairy firm China Mengniu says H1 profit rises nearly 40 pct
China Mengniu Dairy Co Ltd late on Wednesday said its first-half net profit jumped 38.6 percent, boosted by reduced costs and stronger sales due to higher-quality products.
Chinese dairy giant Mengniu eyes formula expansion at Pokeno
China’s Mengniu, through its subsidiary Yashili NZ, is looking at expanding its state-of-the-art infant formula plant at Pokeno, the company’s chief executive Lu Minfang said.
Mengniu Dairy bids for Murray Goulburn
A subsidiary of domestic giant China Mengniu Dairy Co is reported to be bidding for Murray Goulburn Co-operative Co, the biggest Australian dairy producer, in a deal valued at about A$1 billion ($779 million), according to thecattlesite.com on Friday.
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Source: Global Times
Link: http://www.globaltimes.cn/content/1070388.shtml
China Mengniu Dairy teaming with Alibaba on rural distribution
Producer taps online solution to address nation’s growing demand for fresh milk. By: DAISUKE HARASHIMA
Mengniu Dairy looks to yoghurt beverages, acquisitions and a growing Chinese consumer appetite
Potential mergers and acquisitions along with new product development may help China Mengniu Dairy, the second largest player in the country’s dairy market, to generate better profit and income this year after a drop in 2016, according to one analyst. By Kinling Lo.
China Mengniu Dairy posts 751 million yuan loss as milk powder unit Yashili dents profits
Chief executive Lu Minfang sees China’s dairy market growing 3 to 4 per cent this year
Mengniu’s deal to increase China Modern Dairy stake seen as rescue by some, synergy by others
Mengniu is increasing its stake in CMD, which controls China’s largest cattle herd, from 25.4 to 39.9pc by buying a 9.8pc stake from another investor, KKR. By Jeniffer Li
The rocky road of China Mengniu Dairy
After tainting scandal, company hurt by lack of diversity. By DAISUKE HARASHIMA.
Yili ups the ante in milk war with Mengniu
Inner Mongolia Yili Industrial Group Co’s competition with China Mengniu Dairy Co in the $52 billion Chinese dairy market is going upscale, centering on a premium, organic segment that makes up just one percent of the country’s milk consumption.