H&H Group Releases the Financial Report for 2020

In 2020, H&H Group’s revenue increased by 2.5% year-on-year to RMB 11.19 billion yuan (USD $1.71 billion), and its adjusted net profit increased by 10.1% to RMB 1.18 billion yuan (USD $180 million). When H&H Group’s Biostime brand announced that it consolidated the No. 1 position among all children’s probiotic supplements in 2020, it can be noticed that the revenue of Biostime probiotics in China was RMB 1.39 billion yuan (USD $210 million), up 12.7% year-on-year. Also, benefit from the development of online channels in mainland China, H&H Group’s Swisse brand achieved a high growth of 25.4%, of which immunity-related products accounted for about 19.3%, up 71.3% year-on-year. (Source: Shuzhengkangxun)