China Mengniu Dairy 1st Half Net Profit Up 4.7%

By Saurabh Chaturvedi Features Dow Jones Newswires

China Mengniu Dairy Co. Ltd. (2319.HK) said its net profit for the first half of the year rose 4.7% helped by higher sales.

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For the six months ended June 30, the Hong Kong-listed company posted a net profit of 1.13 billion Chinese Yuan ($171 million), up from CNY1.08 billion a year ago, it said in a stock exchange filing late-Wednesday.

Its revenue for the period rose 8.1% from a year ago to CNY29.47 billion.

Write to Saurabh Chaturvedi at saurabh.chaturvedi@wsj.com

(END) Dow Jones Newswires

August 30, 2017 20:11 ET (00:11 GMT)