China Dairy Corp Ltd (ASX:CDC) expects long term performance and competitiveness to be driven by herd optimisation. The Company is continuing to work on its initiatives to optimise the structure of the herd to primarily increase the proportion of milkable cows.
China Dairy Corp Ltd
China Dairy Corporation Limited (ASX:CDC) is a company primarily engaged in the production and wholesale of raw milk and the rearing, breeding and sale of dairy cows in Heilongjiang province, China.
CDC generates revenue through two primary business models:
- the sale of raw milk from cows that are owned by the company; and
- milk sale commissions on the sale of raw milk from cows the company has sold to farmers.
As at 31 March 2017, CDC owned 31,877 cows and partnered with farmers with an additional 20,927 cows from which CDC makes a sales commission on the milk sold.
On 21 February 2017, China Dairy Corporation Limited (ASX:CDC) announced a dividend for the 9 months to 31 December 2016 of A$0.0064 per CHESS Depository Interest. This dividend was in line with the Company's dividend policy and represented a 12% increase over the previous dividend of A$0.0057 per CDI which the Company declared on 24 May 2016 for the 9 months ending 31 March 2016.
The Directors of China Dairy Corporation Limited (ASX:CDC) ("CDC" or the "Company") and its controlled entities (the "Group") hereby present the Company's first Appendix 4D - Half Year Report.
China Dairy Corp Ltd (ASX:CDC) was established in 2005 and is a leading producer and wholesale distributor of raw milk a breeder and seller cows in Chinadairy cows in China. CDC has 590 employees located in China's northernmost province Heilongjiang.
China Dairy Corp Ltd (ASX:CDC) is pleased to provide presentation slides used at the 7th Annual Microcap Conference held in Melbourne on the 19th of October 2016.
The Directors of China Dairy Corp Ltd (ASX:CDC) (the "Company") are pleased to present their report, together with the financial report of the Company and its controlled entities (the "Group") for the financial year ended 30 June 2016, and the auditor's report.
China Dairy Corporation Limited (ASX:CDC) is a raw milk producer with operations located in the renowned agriculture and dairy province of Heilongjiang in the north of China. The company has approximately 590 employees and its cattle and grass farms span 17.8 million square metres over five sites.
China Dairy Corporation (ASX:CDC) are pleased to provide an interview with recently appointed director to the Company, Hon. Andrew Stoner.
China Dairy Corporation Limited (ASX:CDC) is pleased to announce the appointment of the Hon. Andrew John Stoner as an Independent Non-Executive Director to its Board, effective as of 30 June 2016.
China Dairy Corporation Limited (ASX:CDC) is pleased to declare an unfranked interim dividend of 0.57 cents (AUD) per CDI and present a financial update for the 9 months ended 31 March 2016.