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Inner Mongolia group show record profits for 2015

2016-04-01 (chinadaily.com.cn)

The Yili Industrial (Group) Co, China's largest dairy producer, with HQ in the city of Hohhot, Inner Mongolia, has reported a gross income of 60.36 billion yuan ($9.36 billion) for 2015, breaking the 60-billion mark for the first time, with a year-on-year increase of 10.88 percent. Net profits were 4.65 billion yuan, up 11.7-percent year-on-year, putting it among the top of Asian dairy businesses.

Lab technician at work at Yili group, on March 31. [Photo/Xinhua]
Milk packaging line at Yili group, in Hohhot, on March 31. [Photo/Xinhua]