date:Aug 29, 2012
rall economic growth slowdown in the country and an increase in the cost of its milk sources following its recent quality management restructuring efforts.
It also revealed that sales volumes have been negatively impacted by quality and safety-related press reports.
Despite a so-farchallenging2012, Mengniu expects things to pick up in the second half of the year.
Dairy growth decrease
During the period, there was a decrease in the growth of the dairy industry, and industry regulations tighte