Feihe’s sliding profits point to China dairy market past its sell-by date
Declining birth rates and China’s slowing economy are taking a toll on the company and its peers as they grapple with oversupply and asset impairments on excess inventory Key Takeaways:…
BRIEF: Mengniu’s profit evaporates on flood of charges
Dairy producer China Mengniu Dairy Com. Ltd. (2319.HK) said on Tuesday it expects to report its 2024 net profit tumbled to between 50 million yuan ($6.9 million) and 250 million…
AustAsia finds tough going as independent dairy
The recently listed company fell into the red in the first half of the year, pressured by slumping milk prices and rising feed costs Key Takeaways: AustAsia said it expects…
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