Chinese dairy maker Mengniu has published its annual financial report for 2009, stating that it gained net profit of CNY1.116 billion.

In a reprise of the melamine scandals of 2008 and 2009, the Shanghai Municipal Food Safety Joint Conference Office, has announced that the Shanghai Panda Dairy Company has been punished by the local food supervision department for producing and selling dairy products contaminated with melamine.

Chinese dairy giant Yili has published its financial report for the third quarter of 2009, stating its net profit surged 220% year-on-year.

Chinese dairy company Mengniu has published its financial report for the first half of 2009.

Chinese dairy firm Bright Dairy has published its performance report for the first half of 2009 showing a net profit of CNY45.33 million, a decrease of 67.8% year-on-year.

Chinese dairy company Mengniu has published a report stating that COFCO and Hopu Investment Management will buy a 20.3% stake in Mengniu at the price of HKD17.6 per share, for a total of about HKD6.1 billion.