--- title: "Latest: Yili Releases H1 Financial Report, Revenue Exceeds 47.3 Billion Yuan, Exceeding Expectations Despite Headwinds" description: "Today, Yili Co., Ltd. released its 2020 semi-annual report. The report shows that its H1 operating revenue reached 47.344 billion yuan, a year-on-year increase of 5.29%; net profit attributable to shareholders of the parent company was 3.735 billion yuan, a year-on-year decrease of 1.2%. Non-GAAP net profit was 3.766 billion yuan, a year-on-year increase of 7.02%." author: "New Distribution" publisher: "New Distribution" email: "zhaobo258@gmail.com" telephone: "+8615854817671" published: "2020-08-27" language: "en" canonical: "https://xinjignxiao.com/en/articles/latest-yili-releases-h1-financial-report-revenue-exceeds-47-3-billion-yu-c279acec/" markdown: "https://xinjignxiao.com/en/articles/latest-yili-releases-h1-financial-report-revenue-exceeds-47-3-billion-yu-c279acec.md" original_source: "https://mp.weixin.qq.com/s/TaPrthmotXukGxvTHfvkaw" translation: "https://xinjignxiao.com/zh/articles/%E6%9C%80%E6%96%B0-%E4%BC%8A%E5%88%A9%E5%8F%91%E5%B8%83%E4%B8%8A%E5%8D%8A%E5%B9%B4%E8%B4%A2%E6%8A%A5-%E8%90%A5%E6%94%B6%E8%B6%85473%E4%BA%BF%E5%85%83-%E9%80%86%E5%8A%BF%E8%B6%85%E9%A2%84%E6%9C%9F%E5%A2%9E%E9%95%BF-c279acec.md" attribution: "New Distribution — https://xinjignxiao.com/en/articles/latest-yili-releases-h1-financial-report-revenue-exceeds-47-3-billion-yu-c279acec/" usage_policy: "https://xinjignxiao.com/ai-policy.txt" --- # Latest: Yili Releases H1 Financial Report, Revenue Exceeds 47.3 Billion Yuan, Exceeding Expectations Despite Headwinds > Today, Yili Co., Ltd. released its 2020 semi-annual report. The report shows that its H1 operating revenue reached 47.344 billion yuan, a year-on-year increase of 5.29%; net profit attributable to shareholders of the parent company was 3.735 billion yuan, a year-on-year decrease of 1.2%. Non-GAAP net profit was 3.766 billion yuan, a year-on-year increase of 7.02%. Today, Yili Co., Ltd. released its 2020 semi-annual report. The report shows that its H1 operating revenue reached 47.344 billion yuan, a year-on-year increase of 5.29%; net profit attributable to shareholders of the parent company was 3.735 billion yuan, a year-on-year decrease of 1.2%. Non-GAAP net profit was 3.766 billion yuan, a year-on-year increase of 7.02%. **-01- Segment Performance** In the first half of the year, Yili focused on innovation and expanding international business as breakthroughs, improved operational efficiency, and drove steady business growth. According to Nielsen retail measurement data, Yili's retail value share in the ambient liquid milk market increased by 0.8 percentage points year-on-year. Among them, the retail value share of ambient yogurt, ambient pure milk, and ambient organic liquid milk increased by 3.2 percentage points, 0.4 percentage points, and 4 percentage points respectively compared to the same period last year; the retail value share of the low-temperature liquid milk market increased by 0.3 percentage points year-on-year; the retail value share of infant formula decreased by 0.2 percentage points. In addition, in terms of segmented products, even under the pandemic, sales revenue of key products such as "Jindian", "Ambrosial", "Changqing", "Jinlingguan", and "Qiaolezi" increased by 3.6% year-on-year, achieving growth against the trend. **-02- Continued Development of New Products in the Health Sector** In terms of new product market layout, Yili has continuously launched multiple new products, including "Ambrosial" cheese bubble ball ambient yogurt, "Jindian" low-temperature milk, "Changqing" fiber yogurt, "QQ Star" children's growth formula, "Yiran" milk mineral sparkling water, "Zhixuan" sugar-free soy milk, and "Miaozhi" pocket cheese adult cheese sticks. Image source: Yili WeChat official account The products are diverse and all revolve around the health sector. After the COVID-19 outbreak in early 2020, consumers' health awareness has increased, and the demand for healthy food has risen. Even without brand-led consumer education, consumers have proactively taken defensive measures, such as using healthy and nutritious products. Therefore, in the long run, health and nutrition will remain key industry keywords. Yili's numerous product layouts in the health sector in the first half of the year further confirm this consideration. Moreover, Yili's layouts in this field cover almost all the hot segments in the dairy industry, including ambient yogurt, low-temperature yogurt, children's formula, and adult cheese sticks, leaving no stone unturned and making a strong push. According to Yili's H1 financial report, new product sales accounted for 15.3% of total revenue. **-03- Continuous Channel Development and Deep Cultivation** After the pandemic in early 2020, home delivery e-commerce became a sustained hot trend. While continuously increasing investment in and maintenance of existing e-commerce channels, Yili has also actively explored emerging channels and new consumption scenarios, such as accelerating the development of new retail models like "member marketing" and "O2O home delivery", actively seeking new opportunities to alleviate the high pressure brought by the pandemic, while also providing consumers with a better shopping experience and service. Image source: Yili WeChat official account It is understood that during the reporting period, Yili's low-temperature pure milk and cheese business developed well, and e-commerce business revenue increased by 49% year-on-year. **-04- Responsibility and Commitment** In early 2020, the COVID-19 pandemic, coupled with multiple impacts such as the continuous year-on-year increase in domestic raw milk purchase prices, trade frictions, exchange rate fluctuations, and overseas pandemic situations, increased the uncertainty of dairy companies' business development. However, as a major enterprise, Yili prioritized responsibility and actively safeguarded the nutrition and health of the public. To ensure the supply of dairy products, it actively adopted measures to "help upstream, stabilize midstream, and connect downstream", comprehensively and efficiently ensuring the stability of the industrial chain. In addition, since the outbreak of the pandemic, Yili has cumulatively donated 280 million yuan and continuously supported three Chinese academician teams to jointly promote scientific and technological development in the health field. Under the pandemic, Yili achieved counter-trend and above-expectation performance growth, taking a big step forward toward its "100 billion" goal. Tips will be paid 400-2000 yuan once adopted. --- ## Copyright and AI use This article is sourced from New Distribution. Search, quotation, summarization, and model training are permitted, but every use must credit New Distribution and retain the canonical source URL. Contact: zhaobo258@gmail.com · +86 158 5481 7671