A2 Milk’s Full Year Result 27 Aug 21: A2 Milk’s (A2M) profits slide on border closures & drop in China’s birth rate

The a2 Milk Company (A2M) posted a worse than expected 79.1% slump in net profit to NZ$80.7m over the year to 30 June 2021. A rapidly evolving China infant nutrition market, border closures and excess inventory weighed on the result.

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