--FILE--un cliente negozi per Mengniu yoghurt presso un supermercato in città di Nantong, est Chinas provincia dello Jiangsu, 23 luglio 2013. China Mengniu Dairy Co.
--FILE--A customer shops for Mengniu yoghurt at a supermarket in Nantong city, east Chinas Jiangsu province, 23 July 2013. China Mengniu Dairy Co., the nations second-largest dairy company, posted first-half profit that gained 40 percent to match analyst estimates as domestic demand for its beverages rose. Net income was 1.05 billion yuan ($171 million), or 0.534 yuan a share, compared with 749.5 million yuan, or 0.419 yuan, a year earlier, the Hohhot, Inner Mongolia-based company said in a Hong Kong stock exchange filing yesterday (27 August 2014). This met the average of seven analysts estimates compiled by Bloomberg. Sales rose 25 percent to 25.8 billion yuan. Mengnius Chief Executive Officer Sun Yiping is introducing new varieties of liquid milk and cheese this year and is investing in food safety technology to boost sales. The Chinese dairy producer has also formed ventures with foreign companies, including Frances Danone and Denver-based WhiteWave Foods Co., amid a government push to raise food-industry standards.