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MercoPress, en Español

Montevideo, November 15th 2024 - 03:59 UTC

Tag: a2 Milk Company

  • Saturday, December 19th 2015 - 04:41 UTC

    China's demand for infant milk makes NZ company shares surge 140% in one year

    Imported baby milk powder is now the preferred product in China because of the tainted milk scandal in 2008 which killed six children and left 300.000 ill

    Shares in New Zealand dairy firm - The a2 Milk Company (A2) - were up more than 30% in Sydney on Friday after the firm raised its full-year earnings forecast on demand for its infant formula in China and Australia. It is the second time since November the company has raised its guidance.A2 said group revenue could reach US$ 212 million for the period, up from US$180.