| |
|
| Financial
Highlights |
The following is a summary of the
audited consolidated results of the Inner Mongolia
Mengniu Milk Industry (Group) Co. Ltd., the principal
operating subsidiary of China Mengniu Dairy Company
Limited, for the years ended December 31 2001, 2002,
and 2003.
|
|
(Thousand
RMB) |
|
|
|
Revenue |
723,997 |
1,668,745 |
4,071,468 |
Growth % |
Not applicable
|
130.5% |
144.0% |
Gross
profit |
184,106 |
451,578 |
1,023,519 |
%
of Sales |
25.4% |
27.1% |
25.1% |
Operating
profit |
55,913 |
142,762 |
303,957 |
%
of Sales |
7.7% |
8.6% |
7.5% |
Net
Earnings |
33,521
|
76,694 |
225,747 |
Growth
% |
Not
applicable |
128.8%
|
194.3% |
|
| *This
information is subject to such qualifications
and conditions contained in the prospectus. |
|
|
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