Date
23 October 2017

Yili expects 80% net profit growth, filing says

Inner Mongolia Yili Industrial Group Co. Ltd. (600887.CN), a major dairy producer, expects its 2013 net profit to rise about 80 percent year on year thanks to strong revenue and lower costs, it said in a regulatory filing Wednesday. The company posted a net profit of 1.71 billion yuan (US$281.5 million) in 2012, it said.

– Contact HKEJ at [email protected]

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