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Chinese dairy giant Yili net profit up 32 pct in Jan.-Sept.

//english.dbw.cn  Author:  Source:xinhua  Editor:Yang Fan  2021-10-29 13:29:09

Chinese dairy giant Inner Mongolia Yili Industrial Group Co., Ltd. posted a 31.82 percent year-on-year net profit growth for the first three quarters of 2021.

The firm's net profit reached 7.97 billion yuan (about 1.25 billion U.S. dollars) in the nine months, outstripping last year's total, Yili said in its quarterly financial report on Thursday.

The dairy giant generated revenue of 85 billion yuan during the period, an annual increase of 15.23 percent. Enditem