date:May 03, 2013
an in sales revenue in 2012, while Shanghai Bright Dairy Food Co Ltd reported 13.7 billion yuan in total revenue in 2012.
The revenue difference between Yili and Mengniu increased to 5.9 billion yuan in 2012 from about 60 million yuan in 2011.
In 2011, the sales revenues of the three companies were 37.45 billion yuan, 37.39 billion yuan and 11.8 billion yuan, respectively.
Song Liang, a dairy industry analyst at the Distribution Productivity Promotion Center of China Commerce, was quoted by