A2 Milk more than doubles annual net profit, sales rise 68%
A2 Milk is expecting to maintain similar profit margins in fiscal 2019.
Jenny Ruth Wed, 22 Aug 2018
A2 Milk more than doubled annual net profit as sales rose 68% and gross margins rose, helped along by higher infant formula sales and favourable currency movements.
The company reported a $195.7 million net profit for the year ended June, up from $90.6m the previous year.
Sales of the A2
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).
