Dairy formula processor Yashili runs at a loss for another year

Yashili's site in Pōkeno. (Image: BusinessDesk)

Mon, 04 Aug 2025

Yashili has pumped $31 million into its New Zealand operations as its local revenue continued to fall.The Chinese-owned dairy formula processor, which operates a sole site in Pōkeno, reported revenue of $57.9m in the 12 months to December last year, down from $92m in 2023.That’s compared with revenue of $157.3m in 2022.The company reported its fifth consecutive loss of $23.5m for the period, compared with $25.7m in the year prior.It has run at a loss since 2019, when it last reported a profit of $4.4m.Owned by China Mengniu Dairy, the $22...

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