China Shengmu Organic Milk Ltd 2018 AR2
The report details China Shengmu Organic Milk Limited's performance for the fiscal year 2018, highlighting its focus on the upstream dairy farming business and the strategic disposal of a 51% equity interest in its downstream liquid milk business to Mengniu Group. Despite facing a challenging industrial landscape and a decline in operating results, the company expanded its raw milk sales to industry clients by 60.1% and developed 63 new base markets. The company continued its ecological desertification control in the Ulan Buh Desert, transforming over 200,000 mu into fine grassland. Additionally, the company maintained strict organic standards, receiving double organic certifications from both China and the EU.
Company: China Shengmu Organic Milk Ltd
Sector: Agriculture, forestry & fishing
Country: China
Year: 2018
Type: AR2
Pages: 182
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China Shengmu Organic Milk Ltd
Annual Report
The report details China Shengmu Organic Milk Limited's performance for the fiscal year 2018, highlighting its focus on the upstream dairy farming business and the strategic disposal of a 51% equity interest in its downstream liquid milk business to Mengniu Group. Despite facing a challenging industrial landscape and a decline in operating results, the company expanded its raw milk sales to industry clients by 60.1% and developed 63 new base markets. The company continued its ecological desertification control in the Ulan Buh Desert, transforming over 200,000 mu into fine grassland. Additionally, the company maintained strict organic standards, receiving double organic certifications from both China and the EU.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Total Waste
Employees