Inner Mongolia Yili Industrial Group Co., Ltd. (also known as Yili) ranked 
among the top five dairy producers worldwide in the Rabobank 2020 Global Top 20 
Dairy Report released on Aug 31, setting a new record for Asian dairy companies.

Published annually, the Rabobank Global Top 20 Dairy Report is a survey of the 
world's largest dairy companies. It is recognized as one of the most 
authoritative and influential rankings in the dairy industry.

In 2020, Rabobank reported that Yili is one of the Asian companies making major 
moves on the list, with Yili moving into the top five on the back of 
year-on-year growth of nearly 20 percent.

Yili reported a total operating income of 47.53 billion yuan ($6.963 billion) 
in the first half of 2020, year-on-year growth of 5.45 percent. After deducting 
non-recurring gains and losses during this period, its net profit was 3.77 
billion yuan, a year-on-year increase of 7.02 percent.

The latest figures capped off a consistently strong run by the company, with 
Yili ranking first in the Asia dairy industry in terms of total operating 
income, net profit, market share and total asset turnover.

Recent data show that Yili's current production and sales have now fully 
recovered in the wake of the COVID-19 outbreak -- revealing a rapid rebound far 
exceeding its industry and underscoring the company's ability to ride out 
challenging situations.

To provide consumers with better products, Yili has continuously deepened its 
internationalization strategy in recent years and is actively deployed overseas 
to further expand its global supply chain.

Yili established one of the world's largest integrated dairy production bases - 
Yili Oceania Production Base - in New Zealand.

In 2019, Yili acquired Westland, New Zealand's second-largest dairy 
cooperative, and Chomthana, the largest domestic ice cream company in Thailand.

Also, Yili successfully launched its yogurt product Ambrosial in the Southeast 
Asian market. 

Source: Yili Group