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Horror half for A2 Milk

Full-year outlook pared back as milk marketer struggles with daigou trade.

Tim Hunter Thu, 25 Feb 2021

A2 Milk warned in December that the half-year result would be bad and so it proved, as previously lucrative sales channels between Australia and China collapsed.

The milk marketer reported net profit for the six months to December of $120 million, down 35% on the same period a year

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Tim Hunter Thu, 25 Feb 2021
Contact the Writer: thunter@nbr.co.nz
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Horror half for A2 Milk
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