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Profit plunges at A2 Milk as China infant formula market shrinks

The former market darling signals an end to the heady days of growth.

Tim Hunter Thu, 26 Aug 2021

Dairy products marketer A2 Milk has delivered a downbeat assessment of prospects for its main infant formula market in China as it reported an expected huge drop in full year profit.

The previous star performer had warned of the coming hit and its results were largely as foreshadowed in May,

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Tim Hunter Thu, 26 Aug 2021
Contact the Writer: thunter@nbr.co.nz
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Profit plunges at A2 Milk as China infant formula market shrinks
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