On November 13, Want Want China released its semi-annual report for fiscal year 2018, which showed that its revenue in April-September was 9.248 billion yuan, an increase of 3.2% over the same period last year, and its net profit was 1.364 billion yuan, an increase of 7.1% over the same period last year.
For the performance growth,Want Want China was attributed to the growth of revenue from all channels in mainland China during the reporting period, as well as the three major categories of products, namely, rice crackers, leisure foods, dairies and beverages. Among of which the revenue of dairy products and beverages increased by 2.8%, reaching 4.690.3 billion yuan; the hot-kid milk accounted for more than 90% of the total revenue of the sector, and the revenue increased by 3.3% year on year. Want Want China says that new products will be launched in the future to meet the individual needs of consumers.
Source:bjnews
