A2 Milk Company Ltd (ASX:A2M) is one of Australia and New Zealand’s largest infant formula producers and the leader in a2-only protein based dairy products. It has operations in New Zealand, Australia, USA and China thanks to key supply and distribution agreements.
Synlait Milk Ltd (ASX:SM1) released its 2018 financial results to the market today revealing a 89% rise in net profit.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.46% at lunch.
Australia’s ALL ORDINARIES (INDEXASX:XAO) (All Ords) index ended slightly lower on Monday as markets come to grip with higher interest rates from Westpac Banking Corp (ASX:WBC), lower housing activity and a wash of economic data.
The A2 Milk Company Ltd (ASX:A2M) released a market update Monday morning in response to changes in Chinese regulation regarding e-commerce sales, known as Cross Border E-Commerce (CBEC).
Here are the headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles on Monday morning.
Bellamy’s Australia Ltd (ASX:BAL) the infant formula company reported a 37% increase in revenue and milked a larger profit during its 2018 financial year.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.30% at lunch.
The a2 Milk Company Ltd (ASX:A2M) share price bounced higher on Wednesday morning after the infant formula and dairy business reported its full-year results.
Here are the headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles on Wednesday morning.