SYUT Profile
Synutra International, Inc. is a publicly traded Chinese company that specializes in producing and distributing infant formula and nutritional products. The company was founded in 1993 and is headquartered in Rockville, Maryland, USA.
Synutra International offers a range of products, including infant formulas, adult formulas, and other nutritional products. The company operates through two main segments: Nutritional Food and Other Products. The Nutritional Food segment offers a variety of infant and adult formulas, while the Other Products segment offers animal nutrition products and cosmetic products.
Synutra International's products are sold primarily in China, but the company has also expanded its distribution to other countries in Asia, as well as North America and Europe. The company's sales are largely driven by the growing demand for high-quality infant formula products in China.
In recent years, Synutra International has faced scrutiny over the safety and quality of its products. In 2013, the company was accused of selling infant formula contaminated with mercury, which led to a temporary halt in sales of its products in China. The company has since implemented a number of measures to improve the safety and quality of its products, including investing in a new state-of-the-art production facility.
Synutra International is traded on the NASDAQ stock exchange under the ticker symbol "SYUT". The company has a market capitalization of approximately $360 million as of February 2023.
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