Profits drop: Slump in gross margins for major Chinese infant formula players in first six months of 2022

By Tingmin Koe

10-Oct-2022 - Last updated on 10-Oct-2022 at 07:48 GMT

Key players in China's infant formula industry have reported a drop in their gross profit margins in the first six months of this year, including the biggest local player Feihe, as well as Health and Happiness Group (H&H Group), and Ausnutria.

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