Normal group before the three quarter revenue rose 28.2% over the same period last year 7 billion 300 million
October 30th, Jianhe (H&H) International Holdings Limited (hereinafter referred to as the "normal group"), announced the results of the first three quarters of this year's data. As of September 30, 2018 9 months ago, bond group unaudited consolidated revenue amounted to 7 billion 327 million yuan, representing an increase of 28.2%. Group of infant nutrition and care and adult nutrition and care business contributed about 58.2% of the total revenue of 41.8%.
Since the beginning of this year registered infant formula new system has been formally implemented, with the strong expansion of high-end and ultra high-end products, Chinese infant formula milk powder market continue to maintain growth momentum. However, the main brand to increase the development of brand promotion and investment channels, the market competition is still fierce. In this market environment, has completed the registration and registration formula successfully switched products Biostime Biostime "Star" series of milk and Healthy Times ace time Organic Infant Formula rapid growth. According to independent market research firm Nelson (Nielsen) data show that 12 months of September 30, 2018, bond group accounted for Chinese infant formula overall market share rose to 5.9%.