Bright Dairy's net profit increased by 20% year-on-year

Bright Dairy today released its 2011 annual report. In 2011, the company achieved total operating revenue of 11.789 billion yuan, an increase of 23.2% over the same period of last year; the net profit attributable to shareholders of listed companies was 238 million yuan, an increase of 22.4% year-on-year; and the earnings per share was 0.23 yuan, an increase of 22.4% over the same period of last year. . At the same time, the company’s board of directors plans to distribute a cash dividend of RMB 0.15 per share. Successfully completed the company’s annual budget issued by the general meeting of shareholders and the unlocking conditions for the second year of the first unlocking period of the equity incentive plan. The annual report shows that the company strived to achieve a total operating revenue of 13.615 billion yuan in 2012.

At the beginning of this year, the "12th Five-year Development Plan for the Food Industry" promulgated by the National Development and Reform Commission and the Ministry of Industry and Information Technology pointed out that the dairy product industry will reach 50 million tons by 2015, an increase of 33.4%, and dairy products will reach 27 million tons, an increase of 15 %, and through mergers and reorganizations, nurtured and formed a group of key enterprises with annual sales revenue of more than 2 billion yuan. According to industry insiders, under the guidance of this policy, leading companies like Bright Dairy are expected to accelerate mergers and acquisitions of backward production capacity and increase market share.

Guangming Dairy's shareholders meeting has passed a non-public issuance of 178 million shares of financing programs. The funds raised will be used for the construction of a comprehensive dairy demonstration central factory in the construction of the bridge. It is expected that the capacity will increase by 280,700 tons after the project is completed. In addition, Bright Dairy's high-end infant milk powder Peer Berry has officially landed on the domestic market on December 13 last year. The brand's milk powder production base is located in New Zealand's New Wright Dairy Industry, with a designed annual production capacity of 50,000 tons.