Nongfu Spring purified water for sale in a supermarket in Suqian, Jiangsu Province, in July. Zhong Shanshan, founder of Chinese beverage giant Nongfu Spring, saw his wealth plunge by a whopping $4 ...
Shares of China's largest bottled water producer Nongfu Spring slumped after the company posted a sharp slowdown in its half-year profit growth. The company's net income grew 8% year on year to 6. ...
Nongfu Spring upholds its market leadership in the packaged water market in China through scalable distribution and production network. In a commoditized category with high price elasticity ...
Nongfu Spring, mainland China’ biggest producer of bottled water, reported a sharp slowdown in profit rise in the first half amid a brutal price war and uncertain economic outlook. The company ...
Nongfu Spring posted the slowest half-year profit growth since its listing in 2020, as China’s top bottled water producer battled a price war and a series of public relations challenges.
NONGFU Spring shares plunged to its lowest point since its listing in 2020 after posting the slowest half-year profit growth in four years as China’s top bottled water producer battled a price war and ...
Months later, a report from Hong Kong’s Consumer Council questioned the quality of Nongfu’s water, which it later clarified. PDD faced backlash last month as hundreds of merchants staged a ...
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
China’s wealthiest person, Nongfu Spring Co. founder Zhong Shanshan, lost some $3 billion as the beverage giant’s shares fell by a record 10% Wednesday in Hong Kong, according to the Bloomberg ...