Analyst queries Fonterra response to Beingmate profit slide
The extent of the profit fall and the lack of explanation “has left us somewhat speechless” – First NZ Capital.
Duncan Bridgeman Thu, 05 Mar 2015
Tune into Heads Up on NBR Radio from 10 am for more on Fonterra’s investment in China
Fonterra [NZX: FCG] is under pressure to quantify what impact a 90% decline in profit of Chinese baby food company Beingmate might have on its global investment strategy.
The New Zealand dairy giant has
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