a2 Milk Profit Drops 44% on China Formula Shortage — SkimNews
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- a2 Milk posted a 44% profit decline attributed to China's formula shortage, per Seeking Alpha's headline
- Reuters and Seeking Alpha frame the report as a profit miss and weak earnings forecast, while Kalkine notes FY2026 revenue growth continued despite supply chain disruption
Why it matters: For a2 Milk (ASX:A2M) shareholders, a 44% profit collapse tied to China formula supply issues is the dominant data point, with the stock trading down on the earnings miss — though the revenue-growth framing from Kalkine suggests the debate is over margins, not top-line demand.
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