It’s an incredibly smart strategy to leverage a scaled distribution network of partners with additional product lines. It’s one of the reasons that finally convinced me to enter.
The Chinese desire for Australian made quality does not isolate itself to milk powder. Even the CDB based cosmetics lines have massive chance of success.
The most time consuming and difficult thing for a new Australian company in either plant based meats or cosmetics would be building the partnerships and logistics / plus local knowledge to enter China effectively. JAT is very well setup to do this already.
with the freeing up of milk powder supply supply vua investments in production Its perfectly possible within 12 months JAT get the multiple effects of all these aspects flowing through to its bottom line and will see annual revenues approaching 100m +. and EBITA of $10m+.
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