Yili pumps $50m into Westland Dairy after record result
Infant formula joint venture awaits approval for China exports.
Westland Dairy Company's processing plant in Hokitika
Westland Dairy Company shareholder Inner Mongolia Yili has invested a further $50 million to repay bank debt with ASB maturing in March, after the milk processor reported record revenue for the year to December.
Financial statements filed with the Companies Office show the Hokitika-based company
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