9 Followers HKEX:2319 - China Mengniu Dairy Co Ltd China Mengniu Dairy Co Ltd
Sector: Consumer Staples, Industry: Packaged Foods & Meats
Next Earnings: 22 Mar 2022
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HKD 44.45    +0.600 (+1.37%)
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3 Dec 2021


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General

CEO: Mr. Minfang Lu

IPO: 2004-06-10

Headquarters: HK

Employees: 43,397

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Description

China Mengniu Dairy, or Mengniu, is China’s second-largest dairy product manufacturer by market share. The company produces a wide range of dairy products, including liquid milk, ice cream, milk formula and other dairy products such as cheese. Liquid milk, composed of milk, milk beverages and yogurt, contributed 88% of Mengniu’s revenue and 98% operating profit in 2020, and captured 28.2% of the Chinese market. In 2020, Mengniu was ranked eighth in the global dairy industry.