www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

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: 亚洲精品一区二区三区福利 | 欧美久久精品 | 国产日本在线 | 亚洲视频精选 | 一区二区三区不卡在线观看 | 一级女性全黄生活片免费 | 欧美精品久久久久久久免费观看 | 黄色不卡视频 | 日本国产欧美 | 男女男精品视频网站在线观看 | 99国产在线视频 | 麻豆69堂免费视频 | 国产一区三区二区中文在线 | 亚洲精品字幕一区二区三区 | 成年人毛片网站 | 99视频免费在线 | 一级啪啪片| 日本高清视频在线观看 | 久久久青青久久国产精品 | 天堂va欧美ⅴa亚洲va一国产 | 久久精品国产99久久 | 性感美女一级片 | 国产精品日韩欧美在线 | 日本美女高清在线观看免费 | 我不卡午夜 | 国产精品亚洲二线在线播放 | 成人免费一区二区三区视频软件 | 日本一级看片免费播放 | 自拍视频在线观看视频精品 | 亚洲精品第一国产综合野 | 欧美一区二区在线免费观看 | 手机看片1024久久精品你懂的 | 亚洲国产精品成 | 国产精品久久久久久久久 | 国产一区二区福利久久 | 久久狠狠 | 日本三级午夜 | 九草在线 | 日本久久精品 | 一个人看的日本免费视频 | 国产后式a一视频 |