tera gold but sales in line with expectations in the first quarter of this year - HMI

Hexun homepage established mobile phone version of the stock/fund market for micro-blogging news blog live small company stocks the major new share placements by gem new third sector brokers New York themesBulletin deal prompted the financial calendar of earnings release memo block trade in thousands of shares of financial market Center collection of funds flowing to new share purchase financing microblogging hexun.com daily limit of the unit gather Forum pioneer financial management training placements by > body font size print RSSMarch 27, 2012 from: hexun stocks despite the scandals continue to affect the quality of sales at the end of last year, China's major dairy producers mengniu said on Tuesday, with confidence through measures such as cost management and control to maintain gross margins held steady, and future five years investment 3-5 Yuan built Ranch, to strengthen control of milkSource quality and reduce costs. Mengniu Wu Jingshui Chief Financial Officer pointed out that milk sales despite the milk at the end of last year was detected containing carcinogenic effects, but sales in line with expectations in the first quarter of this year tera gold, and growth over the same period last year, but he is not willing to disclose details. Meanwhile, mengniu than forecast sales in the market concerned about when to reply to questions. "(Sales) recovery, in accordance with theMarket situation, very confident, "Wu Jingshui said at a press conference in performance," our gross margins remain relatively level, very confident. "Wu Jingshui and that, as from this year, investment RMB 30 per cent of 3-5 years in the future, building their own farms, to control milk quality and price. Mengniu and direct their own milk-free, mostly through partners such as equity participationInvestment ranches, delegate tera power leveling, farmers obtained. Mengniu announcement 2011 net profit increase of RMB 28% per cent, in line with market expectations. Mengniu said in a bulletin, 2011 gross margin is 25.7%, flat the previous year. ����Net profit margin of $ 4.3% over the same period, increasing 0.2%. BNP publication reportPointed out that the main milk brand mengniu in China, consumer choice under limited tera gold, there will eventually be returned to the company. Therefore, expected sales of mengniu is expected to reply by the end of 2012. ����The investment banks to give long-term "buy" rating and target price at HK $ 24. Mengniu closed up Tuesday 5.02% to HK $ 21.95, rose nearly 21% so far this year, outperformingAbout 14% a Hang Seng index HSI benchmark. Others:

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