Disappointment spreads at Comvita as China sales deflate
Flat consumer sentiment in China highly problematic for the listed honey concern, which mainly targets a premium Chinese customer against strong competition.
The chair of listed mānuka honey and bee consumer goods Comvita was “extremely disappointed” by unaudited results in July, and his feeling has been echoed by outgoing chief executive David Banfield this morning, after the company reported an expected, but problematic, loss of business in
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