The Operating Income of Yili In the First Half Year Was 21.2 Billion The Income Was Four Times of Bright Dairy

By CnAgri2012-09-20 14:55:20 Print

On the evening of August 20, Yili Shares issued the Interim Report, in the first half of 2012, Yil Shares realized main business income of 21.084 billion Yuan, with an increase of 11.80% compared to the same period last year; the net profit attributable to the parent company was 762 million. Earnings per share were 0.48 Yuan; ROE 12.15%; the net operating cash flow was 1.29 billion Yuan, the net cash flow from operating activities per share was 0.81 Yuan.

According to the forecasts of relevant investors, the income scale of Yili in the second half year continues to expand, and the leading position in the industry will be further strengthened. In the first half of 2012, the sales revenue of Yili reached 2.1 billion Yuan, and the full-year revenue is expected to reach 4.3 billion Yuan. The income scale is 4 times of Bright Dairy – the third of the industry, and 10 times of Sanyuan Shares – the fourth of the industry, and will also exceed the scale of Mengniu Dairy – the second of the industry, the gap may further widen. Because Mengniu Dairy is very weak in milk powder and other fields, the overall leading advantages of Yili is expected to be further identified. Over the same period, since the Mengniu's business groups have all left Mengniu, Mengniu entrepreneurship has been greatly weakened, and Yili’s competitive advantage is becoming increasingly apparent.

Due to the leading position in the industry, excellent team, huge operation scale, the control of high-quality milk, strong brand and many other comprehensive advantages, the future certainty of Yili is further improved. China's huge consumer markets, especially the not fully developed rural market, provide the huge development space for Yili. The future development path of Yili will be developing into the industrial giant and oligarch from the current industry leader.

From "China Food Additives Market Monthly Report"