Yili Group has reinforced its position as Asia’s top dairy brand and a global leader by securing a top-five spot in Rabobank’s Global Dairy Top 20 list and being named the world’s most valuable dairy brand by Brand Finance. With significant financial achievements and a growing international presence, Yili continues to lead in innovation and market expansion.
Yili Group, a leading dairy company based in China, continues to assert its dominance in the global dairy industry. Recently ranked within the top five on Rabobank’s prestigious Global Dairy Top 20 list released on August 26, Yili has further solidified its position as Asia’s foremost dairy brand. This recognition follows Yili being named the world’s most valuable dairy brand in a report by Brand Finance on August 20. With this latest accolade, Yili maintains its status as the only Asian company in the global top five, showcasing its continued leadership and influence in the sector.
Continued Success and Market Expansion
Yili’s remarkable performance is attributed to its unwavering commitment to innovation, quality, and operational efficiency. The company has reported impressive financial results, with 2023 revenues reaching 126.179 billion yuan and a net profit of 10.429 billion yuan. This marks 31 consecutive years of revenue growth, underscoring Yili’s strategic focus on digitalization and optimizing its product portfolio.
The company’s international footprint has expanded significantly, with a notable 10.08% increase in international revenue. Yili’s sub-brands, Cremo and Joyday, have gained substantial traction in Southeast Asia, and the company has successfully entered the African market. Yili’s products are now available in over 60 countries and regions, reflecting the growing global demand for its offerings.
Robust Financial Performance
In the first quarter of 2024, Yili reported a total revenue of 32.577 billion yuan and a net profit of 5.923 billion yuan. These results highlight Yili’s strong growth trajectory and robust financial health. Rabobank’s report underscores the global dairy market’s expansion, with Yili leading the way in high-quality development.
As Yili continues to drive innovation and maintain high standards in the dairy industry, its leadership role remains crucial. The company’s ongoing success not only reinforces its position as a global dairy powerhouse but also aligns with its vision of becoming a globally trusted provider of healthy food. With a strong presence in both Asian and international markets, Yili is well-positioned to continue setting industry standards and achieving sustained growth.
