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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
2 mins to read

Beingmate reports false profit, restates accounts

Fonterra's joint-venture partner put the mistake down to staff error.

Duncan Bridgeman
Wed, 01 Nov 2017

Fonterra’s Chinese joint-venture partner, Beingmate, has restated its third-quarter result after originally reporting a profit instead of a loss.

The incorrect result – which Beingmate put down to staff uploading a wrong version – comes just two months after the company was warned by the Chinese

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Duncan Bridgeman
Wed, 01 Nov 2017
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Beingmate reports false profit, restates accounts
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