A2M 6.82% $4.92 the a2 milk company limited

FY21 full year results discussion, page-13

  1. 4,374 Posts.
    lightbulb Created with Sketch. 1874
    Exchange rates matter for an export company - who would've thought! I can guess who you are responding to rolleyes.png
    Anyway hopefully the better FX rates continues. Its deterioration was a minor negative factor beyond the company's control. It would have been a drag on China label earnings (and to some extent daigou) in the past 6 months in particular.
 
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