KMD's shares plunged 46% to 6.1 cents after market open.
Fonterra downgrades milk price again and falling demand for whole milk powder is flowing on to wider agriculture sector.
The company told shareholders it wants to look beyond wind and solar, as it explores new renewable energy investment opportunities.
‘We’re very happy for you to pay retail, but we’d be delighted to extend the discount for sales,’ acting chair says.
Co-founder steps down from board at end of today’s AGM, taking golden T-shirt instead of a watch.
The de-stocking of inventory as supply chains normalise weighed on this year result, company execs said.
Company’s 90% drop on IPO share price again raised at AGM.
Investors may be over-reacting to concerns about potential product recall in Australia, says analyst.
UPDATE: Votes show large number of shareholders against fee rise, but it ultimately was passed.
CEO welcomes 'good performance in a slowing market'.