the company revenues$ 3.399 billion

Melamine dissipated events dairy sector vitality blaze Market hype main hotspot is CPI drop expected this week. In addition to the trend of liquor and beer stocks outside the eye, from the beginning on Monday, the entire dairy sector has taken a very strong upward momentum. From November 21 to November 25 in five sessions, the Queen shares (600,887) cumulative increases in 4%, bright dairy Corporation (600,597) Trojan lSite of 7%, beiyinmei (002570) cumulative increases in 20%; index over the same period decreased by 0.08%. Raw milk prices are expected to slow or down in the dairy industry chain, upstream from the original milk is dairy companies, the main raw material. According to the fresh milk acquisition price in principal grain producing areas from May 2009 $ 2.3/kg has been up to the present level of 3.2Yuan/kg, rise near 39%. 1 this year, major milk purchase price trend stationary, 3.2 Yuan/kilogram of weak fluctuations in price range, an increase of about 13%. In addition, upstream raw material cost of the raw milk is cow feed, and feed the main ingredients are corn and soybean meal. Data shows that corn prices from 2007Has been rendered since 1400 Yuan/ton Bull, rising to about September highs of 2,400 Yuan/ton, after which, since September corn prices gradually dropped 15% to about 2,100 Yuan/ton. Soybean meal prices showed little change, sideways. Corn prices rise all the way, is also pushing plateau milk prices important factors. As a result of the original purchase price of the milk rising shadowWhen Queen shares of gross margin from between three per cent in 2009 has fallen this year quarterly 29.76%. Expected corn prices dropped on the one hand that the conduction to the fall in milk prices, on the products of the dairy companies to raise prices it is expected that there will be no decline. So the market think dairy companies profit margins in the future will be expanded to a certain degree, is the unitMain reason for price gains in the near future. Queen raise investment and strategic distribution company the first three quarters of sales revenue of $ 29.2 billion, $ 1.42 billion in net profit, rose and 24.1%, respectively; the third-quarter revenue of $ 10.25 billion and net profit of 602 million Yuan, up growth and 16.9%, respectively. Growth in originalAs sales increase, but gross margins due to the impact of rising raw material prices fell in the first half 4%. Interesting news is that additional plans in private company was released on November 16, and December 21 to convene a general meeting of shareholders to consider the motion. This issue aims to raise money not exceeding $ 5 billion in net, issued not more than 310 million shares, the issue price does notLess than $ 16.34/unit. For the corporate product line layout of industrial chain expanded throughout the country and regional distribution of projects. In the amount of the proceeds, liquid milk, milk powder, cold drinks, yoghurt, milk resource project investment 15.31, and 5.5, respectively, $ 4.64,. This investment accounted for less than the maximum liquid milk, located northeast of North China Northwest and southern China; milk powderDorbod County project is located in Heilongjiang, cold drinks located in Jinhua city, Zhejiang Province, yogurt, located in Suzhou and Huizhou in Guangdong Province. Company said results continued to grow in recent years, requiring more than capacity expansion, industrial chain building to meet development needs. But the company's current level of debt to assets ratio has been high, so only through equity financing to meet the funding requirements�� Agency researchers believe that Queen mengniu such industry leaders as the biggest beneficiary of the dairy industry restructuring. At this stage to finance and national layout product line will enable the future concentration of dairy industry to further improve, the strong and constant intensity. Social Security Fund to cangbei because of the US Bay because the US third quarter 2011 report released on October 27 swtor power leveling, 2011, the company revenues$ 3.399 billion, an increase of 22%, and achieve the net profit attributable to the shareholders of listed companies of $ 270 million, an increase of 2.96%. Among them, three single-season sales revenue of $ 1.016 billion for the quarter, an increase of 34.52%, net profit of $ 75.24 million, rose 6.97%. From the perspective of product structure, the main source of income is accounted for about 90%Milk powder business. See from the three quarterly reports, the company's average gross profit margin increased from 57% in the first quarter to three quarters of 62.72%. Recovery in gross margin was mainly due to price increases, raw milk prices rising at a slower pace, as well as major paint, whey, etc the price of imported raw materials declined. Imported milk powder prices dive nearly two months, the company's product cost reduction. Among the most interestingIs social security 108 combination became Bay because of the maximum flow of United States shareholders, holding 7.8 million units, circulation equity 18%. Effect of melamine wears for the dairy industry in the near future notable event was in September, China dairy industry Association commissioned a third party inspection agency to Beijing, Xian, Shanghai, Harbin, Taiyuan, Shijiazhuang, in cities such as supermarkets,Field and store sales of infant formula milk powder products quality random sampling. Taking 17 mainstream brand has been tested fully qualified the old republic power leveling, are in line with the requirements of the voluntary national standards. Due to market concerns about domestic dairy quality began to decline, as melamine event clouds gradually dispersed and continuous consolidation of the domestic dairy industry, domestic consumers of milkRestoration of confidence is rendering slowly. Also, while the market of imported milk powder currently relatively high, but less expensive, and only suitable for more than a certain economic strength of the white-collar class choices, low-income consumers in selecting domestic milk powder is the next big thing, it expected domestic milk powder there is still room to grow well in the future. (Investment news)