Mengniu reports H1 profits decrease citing dairy slowdown
date:Aug 29, 2012
ned and developed in a solid and stable manner. Affected by the M1 incident and other media reports, the sales volume was once reduced,said a statement from Mengniu.

The Chinese dairy industry is no stranger to scandal. Domestically manufactured dairy products particularly liquid milk and infant formula have been the subject of numerous recalls in recent years.

Mengniu has not been immune to this.

In an effort to improve the reputation of its products, Mengniu has taken a series of steps in
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