A2 Milk still committed to daigou despite 35% profit slump nzherald.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzherald.co.nz Daily Mail and Mail on Sunday newspapers.
Incredible run conquers New Zealand s toughest adventure race.
The Revenant ultra adventure race warns entrants, “Failure is the most likely outcome.” But for Ian Evans, not finishing the race this year, wasn’t an option. MIKE WHITE was at last weekend’s Revenant and watched a truly epic athletic achievement unfold. The wind came from nowhere. Ian Evans barely noticed it at first, as he huddled inside the tent at race headquarters, just before 11pm on Saturday. By then, he’d been running for 42 hours and 150km, surviving temperatures that hit 30 degrees, and vicious terrain that had long ago destroyed all other competitors.
Last week the
S&P/ASX 200 Index (ASX: XJO) ran out of steam and just fell short of making it eight successive weeks of gains. The benchmark index edged 10.7 points or 0.2% lower to end at 6,664.8 points.
Thankfully, not all shares dropped with the market. Some even managed to record very strong gains. Here’s why these were the best performing ASX 200 shares last week:
The Credit Corp share price was the best performer on the ASX 200 last week with an 18.5% gain. Investors were fighting to get hold of the debt collector’s shares after it announced a binding agreement to acquire the Australian Purchased Debt Ledger (PDL) book of
A2 Milk sees Mataura Valley returning a profit in 2025
24 Dec, 2020 02:26 AM
3 minutes to read
NZX-listed A2 Milk expects its soon-to-be-acquired Southland milk processor Mataura Valley Milk to be earnings positive by 2025.
Mataura Valley, currently owned by China Animal Husbandry Group (CAHG), made a $47 million loss in 2019.
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A2 Milk, which bases its product offer on dairy that is free of the a1 beta protein, first announced plans to buy a 75 per cent of Mataura Valley in August.
In a statement today, a2 Milk confirmed that it had entered into binding agreements to buy a 75 per cent interest in Mataura Valley for $268.5m.