Mengniu Dairy slips into the red
By Joey Kwok and Lillian Liu | China Daily | Updated: 2009-04-17 07:59
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A Mengniu Dairy booth at a food expo in Shanghai in this file photo. Jing Wei |
HONG KONG: China Mengniu Dairy, the largest liquid milk producer on the mainland, slipped into a net loss in 2008, its first since the 2004 listing in Hong Kong, hurt largely by the tainted milk scandal in the second-half.
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