Mengniu Dairy (02319) announced interim results. Profit attributable to shareholders of 2,371 billion yuan increased 15.94% year-on-year

According to the Zhitong Finance App, Mengniu Dairy (02319) announced interim results for the six months ended June 30, 2026. The group obtained revenue of RMB 44.795 billion (same unit), an increase of 7.77% over the previous year; profit attributable to the company's equity shareholders was RMB 2,371 billion, an increase of 15.94% over the previous year; and profit per share was RMB 0.612.

The Group firmly promoted the implementation of the “one, two wings” strategy, strengthened lean operations, and achieved an operating profit of 3676.3 billion yuan and an operating profit margin of 8.2%. Profit attributable to equity shareholders of the Company increased 15.9% year-on-year to 2,371.5 billion yuan. During the period, the Group adjusted income tax payments in accordance with the relevant requirements of China's corporate income tax law, and the profit attributable to equity shareholders of the Company decreased by 319.9 million yuan.

The six “integrated” business segments achieved overall growth, development momentum accelerated across the board, and the business structure showed a diversified development trend. Among them, the growth rate of liquid milk led the industry, and the fresh milk, cheese, and milk powder (comparable caliber) businesses all achieved year-on-year growth of more than 30%.

The hosting of the 2026 Winter Olympics and the FIFA World Cup provided the Group with unprecedented marketing opportunities. The full product matrix of all brands in the six major business segments binds the top events, brand potential, user mentality and terminal marketing to fully lead the industry in the volume of communication volume, user interaction popularity, brand reputation index, and online and offline global marketing of the two top sports event marketing campaigns, laying a solid brand foundation and operating foundation for continuing to break through growth in the second half of the year and consolidate the leading position.