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China Mengniu Dairy Value Stock - Dividend - Research Selection

China mengniu dairy

ISIN: KYG210961051 , WKN: A0B5T9

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Description of the company

China Mengniu Dairy Company Limited, an investment holding company, manufactures and distributes dairy products in the People\'s Republic of China. The company operates through four segments: Liquid Milk Products, Ice Cream Products, Milk Powder Products, and Others. The Liquid Milk Products segment manufactures and distributes ultra-high temperature milk, milk beverages, and yogurt. The Ice Cream Products segment manufactures and distributes ice cream. The Milk Powder Products segment manufactures and distributes milk powder. The Other segment offers cheese and plant-based nutrition products, as well as engages in trading business. The company also manufactures, distributes, and sells plant-based beverages. It offers its dairy products under the MENGNIU brand. China Mengniu Dairy Company Limited was founded in 1999 and is based in Causeway Bay, Hong Kong.
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Mengniu's 2022 Results: Sustained High-Quality Growth with Strong Branding, Innovation, and Digitalization

On 29 March, China Mengniu Dairy Company Limited and its subsidiaries (together as "Mengniu" or the "Group") (Stock Code: 2319) announced its annual results for the year ended 31 December 2022. The Group reported revenue of RMB92,593.3 million in 2022, representing a year-on-year increase of 5.1%. Operating profit increased by 11.6% to RMB5,423.2 million. Notably, sales of room temperature pure milk and high-end brands achieved robust growth, while sales of fresh milk and ice cream outperformed

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