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

Half Year 2020 China Mengniu Dairy Co Ltd and Yashili International Holdings Ltd Earnings Call Transcript

Aug 27, 2020 / 01:30AM GMT
Release Date Price: $44.92 (-5.37%)
Operator

Dear investors, good morning. Welcome to our meeting. Welcome to our results announcement this morning. This meeting will be conducted in Mandarin. In the meantime, we have English -- first of all, please allow me to introduce the management team. We have Lu Minfang, Chief Executive Officer; Meng Fanjie, Vice President and Executive Director; Mr. Zhang Ping, Chief Financial Officer; Gao Fei, Senior Vice President; Wen Yongping, Vice President; Chris Kwok, Financial Controller and Company Secretary; [Ling Shou Tong], Vice President; we have Yan Zhiyuan, Chief Executive Officer; Wen Jieping, CFO.

I'm going to talk to you about the agenda. First of all, we have Mr. Lu Minfang to talk us about the 2020 performance. And then we have Mr. Meng Fanjie. Mr. -- we have Gao Fei, Mr. Yan Zhiyuan and Mr. -- and Yan Zhiyuan. Zhang Ping, the CFO.

Next, I will pass you to Lu for the presentation for first half results of 2020.

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

Okay. Thank you. Investors, friends, good morning. It

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