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Yunnan Baiyao’s net profit up 31.85 percent in 2020

Abstract : China's Yunnan Baiyao Group announced that its net profit attributable to shareholders reached 5.52 billion yuan (about 843.4 million U.S. dollars) in 2020, up by 31.85 percent year on year.

KUNMING, March 27 (Xinhua) — China’s Yunnan Baiyao Group announced that its net profit attributable to shareholders reached 5.52 billion yuan (about 843.4 million U.S. dollars) in 2020, up by 31.85 percent year on year.

Headquartered in southwest China’s Yunnan Province, Yunnan Baiyao is a time-honored brand famous for producing baiyao, a white powder used to stop bleeding and relieve pain.

According to a company report released on Friday, it raked in 32.74 billion yuan in operating revenue last year, an annual increase of 10.38 percent.

The company is also a leading toothpaste seller in China, with its market share reaching 22.2 percent by the end of last year. Enditem

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Xinhua Silk Road (en.imsilkroad.com) is the Belt and Road Initiative (BRI) portal.China’s silk road economic belt and the 21st century maritime silk road website,includes BRI Policy,BRI Trade,BRI Investment,Belt and Road weekly,Know Belt and Road,and the integrated information services for the Belt and Road Initiative (BRI).

Source: Yunnan Baiyao’s net profit up 31.85 percent in 2020

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