On August 1, Herbalife announced its interim results for the first half of 2019, with total revenue of 2.412 billion (US $, same below), down 2.03% from 2.462 billion in the same period last year. Net profit was 173 million, down 2.1% from 177 million a year earlier. In the second quarter, the company's total revenue was 1.24 billion, down 3.53% from 1.286 billion in the same period last year. Net profit was 77 million, down 18.96% from 94 million a year earlier.
In the first half of the year, in terms of performance in China region, the company's market revenue in China region reached 337 million, accounting for 13.99% of the total revenue, down 32.38% from 499 million in the same period last year. In the second quarter, the company's market revenue in China reached 187 million, accounting for 15.08% of the total revenue, down 34.8% from 287 million in the same period last year.
- White Paper on Bone and Joint Health of Chinese Consumers 2020
- Yili Dairy launched high-protein yogurt, focusing on sport people
- Sinopharm Xingsha launched the Japan's Champion probiotics
- China has introduced its first policy to support the industrial hemp industry
- Beyond Meat became the first overseas Artificial Meat company to set up a factory in China
- Nongfu Spring's market value exceeded HK $370 billion on its first day
- German infant nutrition brand Amykon launched two probiotics in China
- The revenue of Besunyoung in the first half year is about 610 million yuan
- Jellly candy and powder included in the health food filing dosage form in China
- H&H Group net profit increased by 9% for the first half of year