Fonterra slams Beingmate after huge earnings downgrade
Four Beingmate directors express doubts about company's financial reporting amid RMB1 billion forecast loss.
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Dairy giant Fonterra faces further writedowns on its troubled investment in Chinese company Beingmate following another massive earnings downgrade.
Fonterra, which spent about $755 million buying an 18.8% stake in Beingmate, is also admitting concern for the first time about Beingmate's
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Duncan Bridgeman and Businessdesk
Mon, 22 Jan 2018
Mon, 22 Jan 2018
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Fonterra slams Beingmate after huge earnings downgrade
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