China Mengniu Dairy Co Ltd (OTCPK:CIADY)
$ 21.437 -0.652 (-2.95%) Market Cap: 8.40 Bil Enterprise Value: 11.58 Bil PE Ratio: 14.55 PB Ratio: 1.39 GF Score: 63/100

Full Year 2019 China Mengniu Dairy Co Ltd and Yashili International Holdings Ltd Earnings Call (Chinese, English) Transcript

Mar 26, 2020 / 01:30AM GMT
Release Date Price: $35.74 (-4.08%)
Unidentified Company Representative

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Gao Fei; Yashili's Management CEO and Executive Director, Mr. Yan; CFO, Wen Jieping. Now I'm going to go through the agenda for today. First, Mr. Lu from Mengniu will go through Mengniu's 2019 annual results and the latest developments. After that, Yashili's management will go through results of Yashili. After that, we will have a Q&A session. So you can dial in to the telephone system to ask questions. You are most welcome to raise more questions. Now I will pass the floor to Mr. Lu. He will go through Mengniu's results and also the outlook for 2020.

Minfang Lu
China Mengniu Dairy Company Limited - CEO & Executive Director

Investors, ladies and gentlemen, media friends, this is a rather special way for us to present our results via the telephone. In Beijing, in China, we can see that control of the epidemic has been done well. And I hope that you will also good health -- take good care of your health because this is a very exceptional time.

Secondly, it is a pity because

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