Friday, April 17, 2009

Mengniu Financial Result

-- China Mengniu Diary <2319.HK> dipped into the red for the first time since it was listed in 2004. It reported a net loss of 949 million yuan ($138.9 million) for 2008. The company was hurt by a tainted milk scandal but it said sales had returned to 80 percent of the pre-scandal level.
Blogged with the Flock Browser