Chinese dairy giant, Yili, based in Hohhot, the capital of North China’s Inner Mongolia region, reported last month its financial results for 2021; the operating income was 110.6 billion yuan (USD 16.76 billion), a year-on-year increase of 14.15%. The company also showed a net profit of 8.73 billion yuan (~USD 1.3 billion), a year-on-year increase of 23%.
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