三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

US EUROPE AFRICA ASIA 中文
Business / Companies

Baby food demand boosts Bellamy's revenues

By Wang Zhuoqiong (China Daily) Updated: 2016-08-20 09:26

Baby food demand boosts Bellamy's revenues

A potential buyer reads advertisement for Bellamy's organic baby formula. [Photo/China Daily]

Strong demand from China for its organic baby formula boosted sales in the mainland for food and beverage company Bellamy's Australia Ltd, which soared in its full year to end June by 331 percent on the previous year, the group reported on Friday.

Revenue from China last year totaled more than a quarter of global revenue, said the company, formerly known as Tasmanian Pure Foods Ltd.

Baby food demand boosts Bellamy's revenues

The Australian baby formula maker-which is also a producer, supplier and marketer of organic baby food-saw revenue from China climb to $62 million last year, according to its annual report for 2016, released on Friday.

Sales in Australia, its biggest single market, surged 67 percent year-on-year to $179 million. Its home market took up 79 percent of the company's total revenue, but the company said many products sold in Australia made their way to China eventually.

Total group revenue for the year came in at $245 million, a 95 percent increase on the previous year.

The company posted gross profit margins of 45.7 percent, compared with 32.9 percent for the previous year, boosted by price rises in the domestic market and a positive impact from its e-commerce flagship store in China.

Bellamy's said the growth of its Chinese business came from an ongoing shift toward online sales of imported infant formula products from third-party website platforms such as Tmall, JD and VIP, with delivery to consumers through free trade zones in China and local Chinese providers.

In the bricks-and-mortar side of the business, the company has more than 30 distributors with its products stocked in more than 2,000 stores across China.

The brand has less than 1 percent of the overall China market but had about 3 percent of the online business at the end of June.

CEO Laura McBain said the group started a brand building partnership with BabyTree, a leading parenting website in China, to improve its brand awareness and penetration. The plan is to increase marketing investments to further build its brand and distribution presence in China.

McBain said the company's strong branding relied on organic milk, which has less than 1 percent of the global milk supply market.

She said the company will further expand its organic product offerings in China.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 免费网站www7788con | 日本不卡高清免费v | 在线观看精品福利片香蕉 | 色婷五月综激情亚洲综合 | 日本久久网站 | 成人精品视频在线观看 | 亚洲国产精品热久久2022 | 天堂福利视频在线观看 | 国产污污视频 | 久久爱综合网 | 日本免费黄色片 | 青青久久久国产线免观 | 日韩美在线 | 亚洲精品高清在线观看 | 国产成人毛片视频不卡在线 | 中国一级特黄视频 | 欧美精品一区二区在线观看 | 免费一级毛片在线播放傲雪网 | 一级黄色录像播放 | 五月天婷婷一区二区三区久久 | 婷婷在线成人免费观看搜索 | 国产v日韩v欧美v精品专区 | 国产黄色的视频 | 国产在线精品一区二区三区 | 91视频免费网站 | 国产在线观看一区二区三区 | 国产 网红 喷水 播放 | 精品播放 | 一级黑寡妇毛片免费视频 | 久久日韩精品中文字幕网 | 日韩免费一级毛片 | 亚洲日产综合欧美一区二区 | 青青热久久综合网伊人 | 国产精品你懂得 | 免费精品在线观看 | 国产亚洲一区二区在线观看 | 嫩草视频在线观看www视频 | 国产免费69成人精品视频 | 又黄又爽又猛午夜性色播在线播放 | 国产成人自拍在线 | 国产自精品在线 |