It has been forecast that the revenue of the Inner Mongolia Yili Industrial Group Co, one of China's leading dairy companies, will slow to 9 percent this year after excessive amounts of mercury were found recently in its baby formula products, China Daily reported.
The China Merchants Securities Co Ltd (CMS) predicted that the company's revenue growth this year will shrink from 26 percent registered in 2011; meanwhile, profit growth will also slow from last year's 133-percent surge in the aftermath of the latest dairy safety incident to hit China.