The a2 Milk Company (ASX:A2M) have reported a whopping net profit after tax of NZ$287.7 million – up 47 per cent on the prior corresponding period.
Infant nutrition market shares strengthened to 6.4 per cent in China with Group infant formula revenue of NZ$1.06 billion up 46.9 per cent.
US milk revenue more than doubled and distribution expanded to over 13 stores.
Australian fresh milk revenue growth of 10.7 per cent and record market share of 11.2 per cent.
Shares in the a2 Milk Company (ASX:A2M) are trading 11.3 per cent lower at $14.19.