Infant formula maker China Feihe expects 33.4% – 42.4% drop in first half amid falling birth rate

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China Feihe, the country’s dominant infant formula maker, said that the company is expected to record a profit of 2.2 - 2.5 billion yuan in the first half of the year, sliding by about 33.4% - 42.4% from the same period last year . . .

 

 

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