Capital, Earnings & M&A
Who Took the Massive Dividends of 'Six Walnuts'?
Behind the massive dividends lies a serious imbalance in corporate governance at Yangyuan Drinks, China's largest walnut milk beverage maker. The company, known for its star product 'Six Walnuts,' has experienced four years of volatile performance, with average annual growth in net profit attributable to shareholders below 2% since 2016, and its market value has repeatedly hit new lows.
王子辰