Yili Remains Number 1 In Chinese Dairy Industry
In recent years, the threshold of revenue of the Top 500 Chinese Enterprises has been raised. In 2019, the lowest revenue is CNY32.325 billion. According to the latest 2019 mid-year report of Yili Group, Yili’s total revenue was CNY45.071 billion ($NZ9.9 billion) and the net profit was nearly CNY4 billion ($NZ88 million) in the first half of the year. Therefore, Yili is expected to fulfill the goals of the “Top 5 Dairy Enterprises & 100 billion in Revenue” proposed by Pan Gang. Furthermore, Yili is also working on its goals of becoming the number one dairy enterprise in the world and one of the top 5 health food producers.
In recent years, under the guidance of the philosophy of co-building a “global and healthy innovation and accelerate the pace of internationalization to speak in the world on behalf of China’s dairy industry and continue boosting high-quality growth of the industry.