A2 Milk shares have plummeted to a two-year low after the company revealed a large fall in profit caused by COVID-19 restrictions. The latest interim report for the company (pdf) revealed it had suffered a 35 percent drop in its half-year net profits after its daigou trade collapsed due to border restrictions and supply chain…
A2 Milk Shares Spill After Chinese ‘Personal Shopper’ Market Collapses
A2 Milk shares have plummeted to a two-year low after the company revealed a large fall in profit caused by COVID-19 restrictions. The latest interim report for the company (pdf) revealed it had suffered a 35 percent drop in its half-year net profits after its daigou trade collapsed due to border restrictions and supply chain…
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