Inner Mongolia group show record profits for 2015
(chinadaily.com.cn)
Updated: 2016-04-01
The Yili Industrial (Group) Co, China's largest dairy producer, with HQ in the city of Hohhot, Inner Mongolia, has reported a gross income of 60.36 billion yuan ($9.36 billion) for 2015, breaking the 60-billion mark for the first time, with a year-on-year increase of 10.88 percent. Net profits were 4.65 billion yuan, up 11.7-percent year-on-year, putting it among the top of Asian dairy businesses.
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| Lab technician at work at Yili group, on March 31. [Photo/Xinhua] |
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| Milk packaging line at Yili group, in Hohhot, on March 31. [Photo/Xinhua] |
High-speed train debuts in Inner Mongolia
A bullet train departed Hohhot East Railway Station for Ulanqab marking the start of high-speed rail services using Inner Mongolia’s first newly-laid high-speed railway on Aug 3.
