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: 在线观看国产欧美 | 精品一区二区影院在线 | 亚洲精品亚洲人成毛片不卡 | 综合网站 | 不卡精品国产_亚洲人成在线 | 日本在线看小视频网址 | 欧美日本一区二区三区 | 国产真实孩交 | 日本一在线中文字幕天堂 | a级精品九九九大片免费看 a级毛片免费观看网站 | 欧美成人 综合网播九公社 欧美成人26uuu欧美毛片 | 免费观看欧美一区二区三区 | 91aaa免费免费国产在线观看 | 欧美黄色网络 | 日本韩国三级在线观看 | 国产一区二区三区美女在线观看 | 日韩精品中文字幕视频一区 | 国产亚洲精品久久久久91网站 | 欧美午夜在线 | 欧美男女网站 | 国产在线91精品天天更新 | 国产在播放一区 | 日本视频在线观看不卡高清免费 | 国产精品欧美一区二区三区 | 精品一区二区三区视频在线观看免 | 私人毛片免费高清影视院丶 | 亚洲国产精品综合欧美 | 欧美一级片免费 | 久久成年视频 | 免费一级做a爰片性色毛片 免费一极毛片 | 免费一级 一片一毛片 | 奶交性视频欧美 | 欧美顶级毛片在线播放小说 | 国产伦子伦视频免费 | 高清国产在线播放成人 | 国产精品特黄毛片 | 114毛片免费观看网站 | 深夜成人性视频免费看 | 欧美三级美国一级 | 亚洲最大网站在线 | 美女黄色一级毛片 |