date:Mar 31, 2014
by surprise. The company's turnover has increased by 20 percent, while earnings have improved by 27 percent.
Mengniu had been involved in food scandals that affected the company's bottom line before Arla became a key shareholder of Mengniu in 2012. Juulsen said Arla is working to rebuild credibility with consumers by instituting safety measures.
Experts say experience from other Asian countries has shown that the consumption of animal foods like dairy and meat increases with purchasing powe