date:May 03, 2013
The revenue gap between domestic dairy companies widened in 2012, as experts said that increasing market concentration will benefit the industry in the long run, the National Business Daily reported.
The Shanghai-listed Inner Mongolia Yili Industrial Group Co Ltd reported 42 billion yuan ($6.81 billion) in sales revenue in 2012. This is the first time that the companys sales revenue reaches 40 billion yuan.
In comparison, the Hong Kong-listed China Mengniu Dairy Co Ltd reported 36.1 billion yu