You will not see any of the 2 important things that you want to see on this h1 result. The 20-30% price increase has only started at the end of nov 2015. Fontera production will not commence until april-june this year. What you might see is a slight increase from tatura production (not much!). The h2 result will blow each of us away. I'm sure some where in the report management will refer to h2 result.
Also bal could even sale 1 billion of stocks if they have it now! You dont know what the daigou has been asking to buy. Give them 100 tins they are asking for 1000! (eg 10 folds). China market alone is 17bil, 2018 will be 30bil. Why do adult dried milk powder when you can't even supply enough to the babies.
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