China Mengniu Dairy 2013 profit jumps on high-margin product sales, shares surge
date:Mar 27, 2014
domestic dairy products, we envisage wider policies to further regulate the domestic dairy product market, chief executive Sun Yiping said in a statement.

MILK SUPPLY

It posted a profit of 881.4 million yuan in the second half of 2013, up 34 percent from 658.4 million in a year ago period, according to Reuters' own calculation. Revenue for the full year rose 20.4 percent year on year to 43.36 billion yuan.

Mengniu's 2013 earnings jump came despite a shortage in the supply of raw milk, with an
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