Rabobank Report News Today : Breaking News, Live Updates & Top Stories | Vimarsana

HOHHOT, China, Aug. 18, 2022 /PRNewswire/ On August 17, Rabobank published its 2022 Global Dairy Top 20 Report, which showed that Yili Group remains among the global top five with turnover[1] of USD 18.2 billion, firmly holding onto its top leadership position in Asia for the ninth consecutive year. Yili also achieved the highest growth rate - 31.7% - among the top 20.The company has drastically reduced the margins between the top four while making it challenging for the rest of those on the ranking to catch up by maintaining a strong momentum. Asia's first dairy company to exceed RMB 100 billion in turnover This year, the Rabobank Report highlights even more intense competition across the industry. Due to its acquisition of Ausnutria Dairy and strong domestic sales growth, Yili has become Asia's first dairy producer to exceed RMB 100 billion(USD 14.85 billion)in turnover. Innovation has helped Yili maintain its market leadership in its long-standing core liquid milk and ice

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