date:Feb 13, 2014
or our specialty formula products. Our distributors increased shipment volumes and we effectively managed our gross margin pressure from rising raw material costs.
In 2013, there were changes in the competitive landscape of China's infant formula market and continued public scrutiny of dairy companies' product quality and marketing conduct, continued Liang Zhang. Amidst the new market environment, Synutra differentiated itself in several ways. First, as a provider of safe and nutritious product