a2 Milk Company Ltd (ATM.NZ)
25 May 2017
May 25 Australian shares recouped early losses and edged higher on Thursday as mining and oil stocks rose on the back of stronger commodity prices.
* Appoints Jesse Wu as a non-executive director of company Source text for Eikon: Further company coverage:
* It was anticipating lower infant formula sales during second half relative to first half FY17
* Will acquire a shareholding in Synlait Milk Limited further strengthening current business relationship between two parties
* Shares hit record high after profit announcement (Adds comment, detail)
WELLINGTON, Feb 15 New Zealand's A2 Milk Company Ltd said on Wednesday its half-year profit nearly quadrupled in the period to Dec. 31 compared with a year earlier, as baby formula sales in China jumped.