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A2 issues profit warning, senior exec quits

Long-serving Asia Pacific head resigns amid daigou stock pile-up.

Tim Hunter Mon, 10 May 2021

Dairy product marketer A2 Milk has revealed problems in its infant formula sales channel to China are worse than it thought, with a further downgrade of forecast profit for the year to June.

The company also announced the resignation of its long-serving Asia Pacific chief executive Peter

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Tim Hunter Mon, 10 May 2021
Contact the Writer: thunter@nbr.co.nz
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A2 issues profit warning, senior exec quits
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