a2 Milk Expands in China with Strong Financial Growth

Highlights:

• Strategic Expansion: a2 Milk (NZX: ATM) partners with Chinese food safety reviewer Daddylab to ensure product quality and strengthen its market position in China.
• Strong Financial Performance: The company reported a 10.1% revenue increase and announced its first dividend, offering shareholders 8.5 cents per share (67% of after-tax profit).
• Future Growth: With a focus on quality control and market expansion, a2 Milk is poised for continued success in China and other key markets.

Strengthening Market Presence in China

The a2 Milk Company (NZX: ATM) is reinforcing its expansion in China by collaborating with Daddylab, a renowned food safety and quality reviewer. This partnership aims to ensure the integrity of a2 Milk’s products from production to retail, enhancing consumer trust in the brand.

Impressive Financial Performance

For the six months ending December 31, a2 Milk reported substantial financial growth, with notable increases in revenue, earnings, and profit. The company also announced its first-ever dividend, surpassing market expectations. Shareholders will receive 8.5 cents per share, representing 67% of after-tax profit.

Revenue Growth and Market Expansion

The company's revenue saw a 10.1% increase, reflecting its strong foothold in the dairy sector and growing consumer demand, particularly in China. a2 Milk’s strategic approach, focusing on product quality and market penetration, continues to drive its success.

Future Outlook

With its ongoing expansion and commitment to high-quality dairy products, a2 Milk is well-positioned for future growth. By strengthening consumer confidence through rigorous quality control and strategic market investments, the company aims to solidify its presence in China and other key markets.

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