The Hong Kong-listed health company Ausnutria recently released its first quarter financial report, which shows that the company generated revenue of 1.93 billion yuan, up by 27.3% from a year ago. The net profit reached nearly 300 million yuan , up by 53.3% from a year ago.

The company’s core business, which is its formula milk powder business, grew by 36.8% to 1.7 billion yuan, accounting for 88.4% of its total revenue. (Source:baiduhao）

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