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a2 Milk’s Profit Dip and China Push | Auckland News
a2 Milk’s profit took a 44% hit this year, mostly due to big one-time costs from new processing facilities—but leadership calls it a “landmark year” for strategic moves, especially in China. They’ve acquired a2 Pōkeno to strengthen supply chains and are launching new China-label infant formulas next year, hoping to offset supply chain hiccups that hurt Q4 sales. While they’re eyeing growth in revenue and profits next fiscal year through new products, market expansion, and ramped marketing, they’re still wary of lingering supply issues and global risks like China’s economic recovery and…
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