A2 Milk posts profit gain despite shrinking China market
Infant formula marketer gains market share, builds balance sheet for acquisitions.
A2 Milk chief executive David Bortolussi.
Infant formula marketer A2 Milk has bucked a shrinking market in China to deliver sales and earnings growth for the six months to December.
Chief executive David Bortolussi said the Chinese market now represented about 80% of the company’s total branded sales.
“We grew our [infant milk formula]
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