Recently, H&H International Holdings released its financial report for 2019.
It shows that the company generated 10.93 billion yuan as revenue, up by 7.8% from 2018. its infant nutrition and nursing production (BNC) accounted for 63.5% of its total revenue. Its ANC department for adult nutrition and care contributed 36.5%.
Due to the new e-commerce platform policy by China, the Australia and New Zealand market service was down by 24.7%. China market of Swisse contributed 47.7% of ANC, up by 29.7% from a year ago. China has surpassed Australia and New Zealand as ANC’s biggest contributor. （Source：Shuzheng Kangxun)