Analysts divided over future of Fonterra partner Beingmate
The Chinese infant formula maker was caught off guard with the e-commerce boom in China.
Hot Topic
EARNINGS
The poor performance of Fonterra's Chinese partner Beingmate is seen as a key issue for the dairy co-operative this year, an analyst says.
Beingmate last week slashed its full-year guidance and is now expecting a net loss of 750-800 million yuan ($NZ150-160 million).
This is double its
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Jason Walls
Fri, 03 Feb 2017
Fri, 03 Feb 2017
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Analysts divided over future of Fonterra partner Beingmate
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