H&H Group’s 2021 Annual Results

In 2021, H&H Group’s revenue was RMB11.55 billion yuan (USD $1.81 billion) with a 3.2% year-on-year increase. Its major businesses include infant nutrition and care products (BNC), adult nutrition and care products (ANC), and pet nutrition and care products (PNC).

In the BNC segment, probiotic supplements show the most serious product decline that, in 2021, probiotic supplements achieved revenue of RMB 964 million yuan (USD $151 million), down 30.9% year-on-year. In the ANC segment, Swisse continued to maintain the top position in the online supplement market in Mainland China with a 5.9% market share. Last but not least, according to H&H Group, the PNC segment will become one of the main growth drivers for the company. (Source: shuzhengkangxun)