Here are two dairy stocks that didn’t fall like A2 Milk
But there were two stocks that avoided a fall.
One of these was microcap JatCorp (ASX:JAT), despite also reporting a similar fall in demand from the daigou channel.
However it did report a gross profit of $5.45 million for the half year and expects vaccinations and border reopenings to help demand return.
Another challenge it reported was trade tensions, to which it has responded to by moving part of its operations into China and appointed new contract manufacturing in New Zealand – among other measures.
The other was Maggie Beer Holdings
Ann: Half Yearly Report and Accounts, page-226
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