Bright Food Group Co Ltd expects its revenues to increase by between 15 and 20 percent in 2012, according to the company's vice president.

The company, which is China's largest sugar producer and operates a leading dairy brand, realized revenue of 75.8 billion yuan in 2011, 19.8 percent more than the previous year.

"Bright Food will maintain a steady development this year and will look for more overseas mergers and acquisitions," Ge Junjie, vice-president of Bright Food Group, said on the sidelines of the annual session of the Chinese People's Political Consultative Conference in Beijing.