The listed Chinese dairy brand Ausnutria recently released its financial alert, expecting the company’s revenue in Q1 to be up by no less than 28.6% from a year ago.
The revenue growth mainly come from its formula milk products and goat milk products, which generated a year-on-year growth of 34.1%. Its net profit is expected to hit 146 million Yuan ($21.3 million USD).
The company so far has 15 registered lineups of infant formula products, 3 of which registered with the authority in March. (Source: 163.com)