Yili’s New Zealand Dairy Group Posts Record $1.58 Billion Revenue
Yili's New Zealand businesses have reported record profits following a major organisational and strategic transformation.
Former Fonterra executive Alex Turnbull has been appointed CEO to lead all five Yili Oceania Business Division companies in New Zealand.
Turnbull heads Westland Milk Products, Oceania Dairy, Canary, EasiYo and Pure Nutrition.
He will report to the director of the Yili Oceania Business Division of Yili in New Zealand, Zhiqiang Li.
Li says Turnbull’s strong track record across New Zealand dairy and food sectors made him the ideal candidate to build further on the global gains made by Yili’s New Zealand companies in recent years.
“Yili’s investment in our high-value strategy is continuing to reap dividends with extra production capacity in the high-value protein and fats categories leading to increased global sales.”
Āta Regenerative is bringing international expertise to New Zealand to help farmers respond to growing soil and water challenges, as environmental monitoring identifies declining ecosystem function and reduced water-holding capacity across farms.
Yili's New Zealand businesses have reported record profits following a major organisational and strategic transformation.
Owners and lessees of certain Hino Trucks New Zealand diesel vehicles have just 10 days remaining to register or opt out of a proposed $10.9 million class action settlement.
Silver Fern Farms has successfully produced and delivered 90 tonnes of premium chilled New Zealand lamb and beef to the United Arab Emirates via airfreight.
For the first three months of 2026, new tractor deliveries saw an increase over the previous two months, resulting in year-to-date deliveries climbing to 649 units - around 5% ahead of the same period in 2025.
QU Dongyu, director-general of the Food and Agriculture Organization of the United Nations (FAO), has issued a warning saying that global fertiliser scarcity caused by disruptions in the Strait of Hormuz will lead to lower yields and tightening food supplies into 2027.
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