A2 Corporation reports reduced interim loss

Free audio stream, including stories that are padlocked on our site. Listen on any device, anywhere. Updated twice daily. The audio stream takes several seconds to start on Android devices.

Launch Radio player

A2 Corporation made an unaudited post-tax loss of $717,172 in the six months to December 31 from a loss of $1.99 million in the corresponding period last year.

The NZAX-listed company said its operational loss of $566,476 was better than the $691,000 loss expected in the company's budget and the $1.89 million loss in the corresponding period last year.

The company said it was repositioning itself as a fast-moving consumer goods business rather than as an intellectual property company.

Research suggests that drinking milk containing only A2 beta casein may reduce the risk of several health conditions.

The company tests cows to ensure their milk contains only A2 beta casein and collects their milk separately.

A joint venture, A2 Dairy Products Australia Pty continues to grow fresh milk sales in line with expectations. A2 fresh milk is now available in all Australian states after the recent launch into Tasmania.


1 ยท Got a question about this story? Leave it in Comments & Questions below.

This article is tagged with the following keywords. Find out more about MyNBR Tags

1 Comment & Question

Commenter icon key: Subscriber Verified

any current research on the A2 milk?

Reply
Share
  • 0
  • 0

Post New comment or question

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

NZ Market Snapshot

Forex

Sym Price Change
USD 0.7179 -0.0061 -0.84%
AUD 0.9379 0.0014 0.15%
EUR 0.6558 -0.0088 -1.32%
GBP 0.4688 -0.0028 -0.59%
HKD 5.5677 -0.0483 -0.86%
JPY 88.9640 -0.6160 -0.69%

Commods

Commodity Price Change Time
Gold Index 1185.6 0.900 2015-05-27T00:
Oil Brent 62.7 -1.190 2015-05-27T00:
Oil Nymex 57.6 -0.470 2015-05-27T00:
Silver Index 16.6 -0.099 2015-05-27T00:

Indices

Symbol Open High Last %
NZX 50 5757.9 5777.6 5757.9 0.34%
NASDAQ 5096.3 5106.6 5106.6 -0.17%
DAX 11716.1 11773.8 11771.1 -0.79%
DJI 18154.1 18154.1 18163.0 -0.20%
FTSE 7033.3 7049.6 7033.3 0.11%
HKSE 28162.2 28162.2 28081.2 -2.23%
NI225 20590.3 20655.3 20472.6 0.39%