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Leading the Diary Industry in 2014, Yili's Net Revenue and Profit Ranked Top 1


News provided by

Yili

Apr 29, 2015, 03:44 ET

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BEIJING, April 29, 2015 /PRNewswire/ -- On April, 24, Yili officially issued its Financial Statement for Year 2014. Statistics reveal that Yili, taking the first place in revenue and net profit, realized a total operation revenue amounting to RMB 54.436 billion Yuan and a new profit of RMB 4.167 billion Yuan in 2014 with growth rate of net profit after taxation at 71.19%.

ccording to the statistic of Financial Statement, Yili has reached to a new historical height per share at RMB 1.35 Yuan against the backdrop that its total revenue and net profit both grow that the net assets income rate is up to 23.66%. Also, the accumulative cash bonus at around RMB 2.4 billion Yuan since it was listed on the market brings to its shareholders a huge return and makes Yili as the first 100-billion-Yuan diary company in China. Meanwhile, its ratio of expenses to sales shows a consecutive declining tendency. Security analysts pointed out that it indicates Yili's high-efficient cost controlling capacities and operation level. 

Data shows that star products constitute the primary resource of revenue and profit growth in Yili with sales volumes of Satine Milk rising by 60% in 2014, quarterly relative ratio of Ambrosia surpassing 150%, year-on-year growth rate of Pro-Kido Growing-up Formula Milk at 91%. The growth rate of sales volume of Changqing and Meiyitian respectively at 113% and 90%, relative ratio in the first quarter of 2015 of walnut milk products, the recently launched vegetable protein product exceeding 100%, and monthly relative ratio of Zhenxi ice cream launched in January 2015 set at 130%. In the Chinese commodities statistics for 2014 issued, Yili takes Top 1 regarding comprehensive marketing of diary products in China, diary market, cold drink market, liquid milk market and infant milk market.

Experts from the diary industry pointed out, the 'organic growth' model of diary companies opened by Yili contributes to the gorgeous performance and market share that reflects the overall, balanced, sustainable and sound development trend of Yili and focuses on the elevation of four dimensions of core competitiveness covering profundity, range, altitude and precision. It is mainly reflected in profound strengthening of milk source and product quality control, global high-tech innovation, research and development while sustainably defining each aspect of the Company.

In 2014, Yili is also developing the ecological strategies based on 'internet+ and industrial chain finance.' By establishing profound partnerships with three internet titans BAT (Baidu, Alibaba and Tencent), Yili takes the first step towards the future for the diary industry. Yili is also vigorously boosting the use of financial services to benefit industrial chain partners and to protect the environment.

Pan Gang, President of Yili Group, stated that Yili will continue to work on the strategic goals of the company by centering on two cores of innovation management and internationalized business. By taking on the route of 'organic growth' accompanying with two ecological circle strategies, Yili will soon anticipate its goal of ranking Top 5 among global diary industry and growing to RMB 100 billion-Yuan company from RMB 50-billion-Yuan company.

SOURCE Yili

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