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Chief executive Laura McBain said regulatory changes in China in early 2016 to improve product registration rules for infant formula should actually help the company.
"We have a positive view of the regulatory changes announced and believe they will further strengthen Bellamy's growth opportunities in China where the Bellamy's brand and our trusted, safe, organic products are highly valued by consumers," she said.
Ms McBain said that the investments made in 2017 would "build strategic platforms for long-term sustainable growth for shareholders beyond FY17".
Read more: http://www.copyright link/business/...ull-year-profit-20160818-gqw7l0#ixzz4HjOpt41z
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BAL day - aug 19th, page-81
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