Growth of Dairy Industry in Q1 2013

By CnAgri2013-07-17 11:03:32 Print Data from the National Bureau of Statistics shows the scaled dairy companies generated 63.314 billion yuan in Q1 of 2013, up 13.66% year on year, sales cost 48.367 billion yuan, up 13.53% year on year, gross profit 14.947 billion yuan, up 14.47% year on year marketing expenditure 8.093 billion yuan, up 15.98% year on year, total profit 3.917 billion yuan, up 23.45% year on year, gross margin 24.85%, up 0.08 percentage point, sales profit margin 6.16%, up 0.45 percentage points. According to BOABC, both the sales revenue and total profit of the scaled dairy processing companies in Q1 of 2013 rose year on year, higher than the growth of the sales cost and other expenditure, hence the profit margin changed for the better.



From “China Dairy Market Monthly Report”