On July 10th, at the partner annual meeting, Luo Fei, the Chairman of H&H Group (China), announced that the rolling annual sales of their subsidiary brands, “Biostime” for infant nutrition and “Swisse” for adult nutrition, have both reached RMB 4.88 billion yuan (USD $680 million). They hope to achieve the same sales target for their pet nutrition and care business-related brands. In 2023, H&H Group (China) aims to reach a sales target of RMB 10 billion yuan (USD $1.39 billion), with a further goal of RMB 12 billion yuan (USD $1.67 billion) by 2025. (Source: finance.sina)
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