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:
Megmilk Snow Brand Company Limited
sales of 613.41 billion Japanese Yen [US$5.59 billion]
of which 46%
was Beverage & Dessert),
MEIJI Holdings Company Limited
(1.25 trillion Japanese Yen [US$11.42 billion]
of which 84%
was Food), and
Inner Mongolia Yili Industrial Group Company Limited
based in CHINA
(96.88 billion Chinese Renmimbi [US$15.14 billion]
of which 79%
was Liquid Milk).
During the year ended December of 2020, sales at
China Mengniu Dairy Company Limited were HK$85.65 billion (US$11.04 billion).
decrease of 4.5%
versus 2019, when the company's sales were HK$89.73 billion.
Contributing to the drop in overall sales was the 42.3% decline
in Milk Powder, from HK$8.94 billion to HK$5.15 billion.
There were also decreases in sales in
Liquid Milk (down 1.0% to HK$76.32 billion)
However, these declines were partially offset by the increase in sales of
Ice Cream (up 2.0% to HK$2.97 billion)
Other Dairy Products (up 48.2% to HK$1.21 billion)