Not "China market value share", rather it is "China mother and baby stores share".
China label infant nutrition revenue growth of 45 percent <----- What can you tell me about the sale price of each tin? Compare prices in 2018 vs 2021.
Forget about liquid milk and the market share it has in ANZ. The revenue and margin from it is far too small to matter. Likewise with sales in the US. Forget about them. They are only used by the company to fool people.
Let's start with the China label sales, I think that is important.
Management Issues, page-100
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