Chinese infant formula group Synutra International has appointed Ning Cai as its CFO. Cai, who has 13 years of experience in corporate finance and investment banking, takes over from interim CFO Weiguo Zhang who will remain as group ...
Tags: Synutra International, CFO Role, Scotia Capital, Ning Cai
Chinese infant formula group Synutra International has lowered its full-year outlook for a second time, having booked a second-quarter loss. The company said net losses totalled US$44.2m in the three months to the end of September, ...
Tags: Synutra, infant formula group, full-year outlook, second-quarter loss
US infant formula group Mead Johnson has lowered its full-year sales outlook, citing a slowdown in Chinese demand. In its second-quarter earnings release today (26 July), Mead Johnson reduced its full-year sales guidance to a range to ...
Tags: Mead Johnson, full-year sales outlook, slowdown, Chinese demand, earnings
US infant formula group Mead Johnson has booked an drop in third-quarter earnings, hurt by a slowdown in China. In the three months to the end of September, the company earned US$140.4m, down 3% on the prior year period. EBIT fell 11.8% ...