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The a2 Milk company is dual listed, operating in New Zealand as well as Australia, and one of the country’s primary infant formula producers, which are largely exported. According to the Company’s 1H21 results for the duration ended 31 December 2020, released in late February, it was revealed that the total revenue earned in the duration was NZ$677.4M, which was a 16% decline from pcp, and EBITDA was NZ$178.5M, which also witnessed a decline of a massive 32.2%.(source:kalkinemedia)The infant formula label in China seems to have performed well.
On March 23, the a2 Milk Company Limited’s share traded at NZ$9.120, up by 0.66%, at the time of writing.
Hopefully watching to rise more!!
