Retail in Asia

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China’s Yili boosts profit with more growth in China

Chinese dairy company Yili announced its performance results for 2011, stating that the company realised total operating revenue of CNY37.451 billion during the reporting period, a year-on-year increase of 26.25 percent.

The company said that the revenue growth was mainly attributed to the changes of its sales, structure and average price of liquid milk, ice cream, milk powder and other dairy products.