China Mengniu Dairy Co Ltd
02319: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| p@> | LOCK|b%> | LOCK|SG |
Mengniu Earnings: Sales Growth Outpaces Industry Average; Shares Undervalued
Mengniu's revenue grew 8% year over year in the first half, and net profit rose 16%. Excluding an income tax adjustment, net profit would have increased 32%.
