Mengniu chief executive officer Sun Yiping, at the results announcement. Photo: Edward Wong

Mengniu Dairy’s interim profit hit hard by bruising price war

Net profit tumbles 19.5pc, despite 6.6pc rise in revenue to 27.26 billion yuan. Liquid milk sales jump 8.3pc, yoghurt sales surge 31.6pc

Topic |   Hong Kong company reporting season

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Mengniu chief executive officer Sun Yiping, at the results announcement. Photo: Edward Wong
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Celine Ge

Celine Ge

Celine Ge is a Hong Kong-based business reporter with the Post chasing after news on consumer and services companies. She studied journalism at Hong Kong Baptist University before attending King’s College London for a masters in international political economy.