China Mengniu Dairy Company Limited operates within the Fluid milk sector.
In addition to historical fundamental analyses, the complete report available to purchase compares China Mengniu Dairy Company Limited with three other
dairy companies in Asia:
Uni President Enterprises Corporation
sales of 447.98 billion Taiwanese Dollars [US$15.24 billion]
of which 34%
was Retail Department),
MEIJI Holdings Company Limited
(1.25 trillion Japanese Yen [US$11.87 billion]
of which 84%
was Food), and
Inner Mongolia Yili Industrial Group Company Limited
based in CHINA
(90.22 billion Chinese Renmimbi [US$12.94 billion]
of which 82%
was Liquid Milk).
During the year ended December of 2019, sales at
China Mengniu Dairy Company Limited were HK$89.73 billion (US$11.58 billion).
increase of 9.9%
versus 2018, when the company's sales were HK$81.66 billion.
This was the fourth straight year of sales growth at China Mengniu Dairy Company Limited.
Sales of Milk Powder saw an increase
that was more than double the company's growth rate: sales were up
25.4% in 2019, from
HK$7.12 billion to HK$8.94 billion.
Not all segments of China Mengniu Dairy Company Limited experienced an increase in sales in 2019:
sales of Other Dairy Products fell 18.4% to HK$818.61 million.
(However, this segment's sales were only a very small portion of the company's overall sales).
China Mengniu Dairy Company Limited also experienced decreases in sales in
Ice Cream (down 9.8% to HK$2.91 billion)