{"id":8827,"date":"2022-04-29T16:14:00","date_gmt":"2022-04-29T16:14:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/3741355_AE41355_0"},"modified":"2022-04-29T16:14:00","modified_gmt":"2022-04-29T16:14:00","slug":"yili-becomes-asias-first-dairy-producer-to-exceed-rmb-100-billion-in-annual-revenue","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=8827","title":{"rendered":"Yili Becomes Asia&#8217;s First Dairy Producer to Exceed RMB 100 Billion in Annual Revenue"},"content":{"rendered":"<ul type=\"disc\">\n<li><b>The Result meets the company&#8217;s <span class=\"xn-money\">RMB 100 billion<\/span> target for FY2021 with the company also delivering a strong start to FY2022 in the first quarter<\/b><\/li>\n<li><b>Despite ongoing issues related to COVID-19, the company continues to post strong increases in revenue and profit<\/b><\/li>\n<\/ul>\n<p>HOHHOT, <span class=\"xn-location\">China<\/span>, <span class=\"xn-chron\">April 30, 2022<\/span> \/PRNewswire\/ &#8212;&nbsp;Global dairy giant Yili Group has become <span class=\"xn-location\">Asia&#8217;s<\/span> first dairy producer to post annual revenue exceeding <span class=\"xn-money\">RMB 100 billion<\/span>, consolidating the company&#8217;s dominance in the region.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\" readability=\"7\">\n<p> <a href=\"https:\/\/mma.prnasia.com\/media2\/1808000\/Yili_Becomes_Asia_s_First_Dairy_Producer_Exceed_RMB_100_Billion.html\" target=\"_blank\" rel=\"nofollow noopener\"> <img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/1808000\/Yili_Becomes_Asia_s_First_Dairy_Producer_Exceed_RMB_100_Billion.jpg?p=medium600\" title=\"Yili Becomes Asia's First Dairy Producer to Exceed RMB 100 Billion in Annual Revenue\" alt=\"Yili Becomes Asia's First Dairy Producer to Exceed RMB 100 Billion in Annual Revenue\"> <\/a> <br \/><span>Yili Becomes Asia&#8217;s First Dairy Producer to Exceed RMB 100 Billion in Annual Revenue<\/span><\/p>\n<\/p><\/div>\n<p>Total revenue for the company in 2021 was <span class=\"xn-money\">RMB 110.595 billion<\/span>, up 14.15% year on year, and more than <span class=\"xn-money\">RMB 13.7 billion<\/span> compared to the previous year. Net profit jumped 23% year on year to reach <span class=\"xn-money\">RMB 8.732 billion<\/span>.<\/p>\n<p>First-quarter results for 2022 revealed the overall revenue for Yili Group was <span class=\"xn-money\">RMB 31.047 billion<\/span>, an increase of 13.47% year on year. Net profit rose by 24.08% year on year to reach <span class=\"xn-money\">RMB 3.508 billion<\/span>.<\/p>\n<p>Pan Gang, Chairman and President of Yili Group, noted that Yili will work at full capacity to ensure a sufficient supply of dairy products under the ongoing epidemic. The company will keep working with partners to meet customers&#8217; health needs, as well as to create value for employees, investors and society.<\/p>\n<p><b>Core products continue to top the market<\/b><\/p>\n<p>Yili&#8217;s core products maintained strong momentum in 2021 due to the company&#8217;s investment in product innovation, product portfolio optimization and channel expansion.<\/p>\n<p>Its major liquid milk business generated revenue of <span class=\"xn-money\">RMB 84.911 billion<\/span>, up 11.54% year on year, and continues to top the dairy market. Yili Pure Milk, Satine Pure Milk and the AMBPOMIAL Yoghurt Series set record annual sales of <span class=\"xn-money\">RMB 20 billion<\/span>. Satine Organic Series continued to rank first in the organic milk segment in 2021. The ice cream sector generated <span class=\"xn-money\">RMB 7.161 billion<\/span> for Yili in revenue, up 16.28% year on year.<\/p>\n<p><b>New growth drivers emerge with the milk powder business leading the run<\/b><\/p>\n<p>In FY2021, the company&#8217;s milk powder and related businesses generated <span class=\"xn-money\">RMB 16.209 billion<\/span> in revenue, an increase of 25.80% year on year, showing strong growth momentum. In the high-potential cheese sector, Yili&#8217;s cheese business grew by more than 150% year on year.<\/p>\n<p>Company R&amp;D expenditure grew 23.39% to <span class=\"xn-money\">RMB 601 million<\/span>, a figure significantly higher than the industry average.<\/p>\n<p><b>Yili continues strategic expansion throughout the industrial chain<\/b><\/p>\n<p>In <span class=\"xn-chron\">March 2022<\/span>, Yili completed the formal acquisition of Ausnutria Dairy. The company founded a cheese company in response to rapid growth in the industry. Yili&#8217;s main products have now entered markets across five continents and more than 60 countries and regions, with revenue from its overseas business growing by 8% year on year. Strong examples of the company&#8217;s overseas achievements include its ice cream production base in <span class=\"xn-location\">Indonesia<\/span> and the upgrading of the Westland factories.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Result meets the company&#8217;s RMB 100 billion target for FY2021 with the company also delivering a strong start to FY2022 in the first quarter Despite ongoing issues related to COVID-19, the company continues to post strong increases in revenue and profit HOHHOT, China, April 30, 2022 \/PRNewswire\/ &#8212;&nbsp;Global dairy giant Yili Group has become [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":8828,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-8827","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Yili Becomes Asia&#039;s First Dairy Producer to Exceed RMB 100 Billion in Annual Revenue - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=8827\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Yili Becomes Asia&#039;s First Dairy Producer to Exceed RMB 100 Billion in Annual Revenue - My Blog\" \/>\n<meta property=\"og:description\" content=\"The Result meets the company&#8217;s RMB 100 billion target for FY2021 with the company also delivering a strong start to FY2022 in the first quarter Despite ongoing issues related to COVID-19, the company continues to post strong increases in revenue and profit HOHHOT, China, April 30, 2022 \/PRNewswire\/ &#8212;&nbsp;Global dairy giant Yili Group has become [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/transmediavictoria.net.au\/?p=8827\" \/>\n<meta property=\"og:site_name\" content=\"My Blog\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-29T16:14:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/transmediavictoria.net.au\/wp-content\/uploads\/2022\/04\/yili-becomes-asias-first-dairy-producer-to-exceed-rmb-100-billion-in-annual-revenue.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"599\" \/>\n\t<meta property=\"og:image:height\" content=\"337\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin_tony\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin_tony\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=8827#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=8827\"},\"author\":{\"name\":\"admin_tony\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#\\\/schema\\\/person\\\/5b51d407d652c0aa802bea269ea5d7e7\"},\"headline\":\"Yili Becomes Asia&#8217;s First Dairy Producer to Exceed RMB 100 Billion in Annual Revenue\",\"datePublished\":\"2022-04-29T16:14:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=8827\"},\"wordCount\":456,\"image\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=8827#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/transmediavictoria.net.au\\\/wp-content\\\/uploads\\\/2022\\\/04\\\/yili-becomes-asias-first-dairy-producer-to-exceed-rmb-100-billion-in-annual-revenue.jpg\",\"articleSection\":[\"Business News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=8827\",\"url\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=8827\",\"name\":\"Yili Becomes Asia's First Dairy Producer to Exceed RMB 100 Billion in Annual Revenue - My Blog\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=8827#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=8827#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/transmediavictoria.net.au\\\/wp-content\\\/uploads\\\/2022\\\/04\\\/yili-becomes-asias-first-dairy-producer-to-exceed-rmb-100-billion-in-annual-revenue.jpg\",\"datePublished\":\"2022-04-29T16:14:00+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#\\\/schema\\\/person\\\/5b51d407d652c0aa802bea269ea5d7e7\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=8827#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=8827\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=8827#primaryimage\",\"url\":\"https:\\\/\\\/transmediavictoria.net.au\\\/wp-content\\\/uploads\\\/2022\\\/04\\\/yili-becomes-asias-first-dairy-producer-to-exceed-rmb-100-billion-in-annual-revenue.jpg\",\"contentUrl\":\"https:\\\/\\\/transmediavictoria.net.au\\\/wp-content\\\/uploads\\\/2022\\\/04\\\/yili-becomes-asias-first-dairy-producer-to-exceed-rmb-100-billion-in-annual-revenue.jpg\",\"width\":599,\"height\":337},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=8827#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/transmediavictoria.net.au\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Yili Becomes Asia&#8217;s First Dairy Producer to Exceed RMB 100 Billion in Annual Revenue\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#website\",\"url\":\"https:\\\/\\\/transmediavictoria.net.au\\\/\",\"name\":\"My Blog\",\"description\":\"My WordPress Blog\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#\\\/schema\\\/person\\\/5b51d407d652c0aa802bea269ea5d7e7\",\"name\":\"admin_tony\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g\",\"caption\":\"admin_tony\"},\"url\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?author=8\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Yili Becomes Asia's First Dairy Producer to Exceed RMB 100 Billion in Annual Revenue - My Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/transmediavictoria.net.au\/?p=8827","og_locale":"en_US","og_type":"article","og_title":"Yili Becomes Asia's First Dairy Producer to Exceed RMB 100 Billion in Annual Revenue - My Blog","og_description":"The Result meets the company&#8217;s RMB 100 billion target for FY2021 with the company also delivering a strong start to FY2022 in the first quarter Despite ongoing issues related to COVID-19, the company continues to post strong increases in revenue and profit HOHHOT, China, April 30, 2022 \/PRNewswire\/ &#8212;&nbsp;Global dairy giant Yili Group has become [&hellip;]","og_url":"https:\/\/transmediavictoria.net.au\/?p=8827","og_site_name":"My Blog","article_published_time":"2022-04-29T16:14:00+00:00","og_image":[{"width":599,"height":337,"url":"https:\/\/transmediavictoria.net.au\/wp-content\/uploads\/2022\/04\/yili-becomes-asias-first-dairy-producer-to-exceed-rmb-100-billion-in-annual-revenue.jpg","type":"image\/jpeg"}],"author":"admin_tony","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin_tony","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/transmediavictoria.net.au\/?p=8827#article","isPartOf":{"@id":"https:\/\/transmediavictoria.net.au\/?p=8827"},"author":{"name":"admin_tony","@id":"https:\/\/transmediavictoria.net.au\/#\/schema\/person\/5b51d407d652c0aa802bea269ea5d7e7"},"headline":"Yili Becomes Asia&#8217;s First Dairy Producer to Exceed RMB 100 Billion in Annual Revenue","datePublished":"2022-04-29T16:14:00+00:00","mainEntityOfPage":{"@id":"https:\/\/transmediavictoria.net.au\/?p=8827"},"wordCount":456,"image":{"@id":"https:\/\/transmediavictoria.net.au\/?p=8827#primaryimage"},"thumbnailUrl":"https:\/\/transmediavictoria.net.au\/wp-content\/uploads\/2022\/04\/yili-becomes-asias-first-dairy-producer-to-exceed-rmb-100-billion-in-annual-revenue.jpg","articleSection":["Business News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/transmediavictoria.net.au\/?p=8827","url":"https:\/\/transmediavictoria.net.au\/?p=8827","name":"Yili Becomes Asia's First Dairy Producer to Exceed RMB 100 Billion in Annual Revenue - My Blog","isPartOf":{"@id":"https:\/\/transmediavictoria.net.au\/#website"},"primaryImageOfPage":{"@id":"https:\/\/transmediavictoria.net.au\/?p=8827#primaryimage"},"image":{"@id":"https:\/\/transmediavictoria.net.au\/?p=8827#primaryimage"},"thumbnailUrl":"https:\/\/transmediavictoria.net.au\/wp-content\/uploads\/2022\/04\/yili-becomes-asias-first-dairy-producer-to-exceed-rmb-100-billion-in-annual-revenue.jpg","datePublished":"2022-04-29T16:14:00+00:00","author":{"@id":"https:\/\/transmediavictoria.net.au\/#\/schema\/person\/5b51d407d652c0aa802bea269ea5d7e7"},"breadcrumb":{"@id":"https:\/\/transmediavictoria.net.au\/?p=8827#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/transmediavictoria.net.au\/?p=8827"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/transmediavictoria.net.au\/?p=8827#primaryimage","url":"https:\/\/transmediavictoria.net.au\/wp-content\/uploads\/2022\/04\/yili-becomes-asias-first-dairy-producer-to-exceed-rmb-100-billion-in-annual-revenue.jpg","contentUrl":"https:\/\/transmediavictoria.net.au\/wp-content\/uploads\/2022\/04\/yili-becomes-asias-first-dairy-producer-to-exceed-rmb-100-billion-in-annual-revenue.jpg","width":599,"height":337},{"@type":"BreadcrumbList","@id":"https:\/\/transmediavictoria.net.au\/?p=8827#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/transmediavictoria.net.au\/"},{"@type":"ListItem","position":2,"name":"Yili Becomes Asia&#8217;s First Dairy Producer to Exceed RMB 100 Billion in Annual Revenue"}]},{"@type":"WebSite","@id":"https:\/\/transmediavictoria.net.au\/#website","url":"https:\/\/transmediavictoria.net.au\/","name":"My Blog","description":"My WordPress Blog","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/transmediavictoria.net.au\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/transmediavictoria.net.au\/#\/schema\/person\/5b51d407d652c0aa802bea269ea5d7e7","name":"admin_tony","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g","caption":"admin_tony"},"url":"https:\/\/transmediavictoria.net.au\/?author=8"}]}},"_links":{"self":[{"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/posts\/8827","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8827"}],"version-history":[{"count":0,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/posts\/8827\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/media\/8828"}],"wp:attachment":[{"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}