Tingyi targets bottled water to boost drinks unit - ResearchInChina

Date:2006-12-31     Source:jinxiajinxia  Text Size:

The food group is reportedly hoping to boost its share in the mainland beverage market by expanding its current 12.4% share of the mineralized water market to 30% by 2009, the group's chief financial officer said.

Tingyi is currently ranked second in the mineral water market behind Wahaha, with a 15.9% share, but remains encouraged by the strong growth that it has displayed this year.

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