Yili Reports First-Half 2026 Results: Growth in Both Revenue and Core Operating Profit

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Postmedia has not reviewed the content. by GlobeNewswire Yili Reports First-Half 2026 Results: Growth in Both Revenue and Core Operating ProfitAuthor of the article:HOHHOT, China, Aug. 31, 2026 (GLOBE NEWSWIRE) — On August 26, 2026, Yili Group released its 2026 Interim Report. In the first half of the year, the company advanced in both scale and quality, posting total revenue of RMB 64.49 billion, up 4.13% year on year, and core operating profit of RMB 8.38 billion, up 10% year on year. Yili remained Asia’s No. 1 dairy company in both revenue and core operating profit, with its core operating profit margin rising 66 basis points year on year to 13%. Over the two years to the first half of 2026, Yili delivered revenue growth against the industry trend, at a compound annual growth rate of 3.75%.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountGet the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againOn the same day, Yili announced plans to launch a share repurchase and cancellation program of up to RMB 2 billion. The company will maintain a dividend payout ratio of no less than 75% in the coming years. Since its listing, Yili has paid cumulative dividends of RMB 67.295 billion.In the first half, Yili’s three core businesses – liquid milk, milk powder and dairy products, and ice cream – all kept growing and retained their No. 1 positions in China. The liquid milk business recorded positive growth for the second consecutive quarter. The company’s infant formula market share continued to expand, ranking first in China by retail sales value, while the adult milk powder business remained the industry leader in China. Ice cream revenue grew at a double-digit rate, holding the No. 1 position in China’s ice cream industry for the 31st consecutive year. New products accounted for 15.8% of Yili’s revenue during the period.Alongside steady growth at home, Yili’s international expansion is beginning to deliver results. In the first half, ice cream revenue in Indonesia rose approximately 20% year on year, while revenue in the Philippines doubled year on year. In North America, Yili products across multiple categories have entered mainstream retail chains.Yili subsidiary Ausnutria further stepped up its overseas expansion. While lifting its share in major Middle Eastern markets, Ausnutria is also accelerating its entry into Eastern Europe and other markets. In Canada, it maintained strong growth momentum, with revenue up 30% year on year.Beyond its existing businesses, Yili continued to advance its strategy for high value-added products and ingredients. Leveraging its New Zealand base, the company is driving its transition toward high value-added ingredients, capitalizing on the global trend toward premium protein, steadily raising the revenue contribution of protein products and supplying key ingredients to the global market. In the first half of 2026, the New Zealand operations exceeded their business targets.“We expect our overseas business to sustain double-digit growth for the full year,” the company said, expressing confidence in its international outlook. “In addition to Southeast Asia and New Zealand, we will gradually expand into high-potential markets such as Africa and the Middle East. As our overseas footprint expands, the international business will contribute sustained and stable growth momentum to our strategy over the next five years.”Contact person: Mr. Sun, Tel: 86-10-63074558This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.