Ausnutria Dairy Posts Mixed Mid-Year Financials

Ausnutria Dairy Corp. Ltd. (HK:1717) has released an update.

Ausnutria Dairy Corporation Ltd reported a 4.8% revenue increase and an 8.4% gross profit rise for the first half of 2024, yet noted a 21.2% decline in profit attributable to equity holders and a 15.8% drop in EBITDA compared to the same period in 2023. Despite higher sales, the company faced challenges that impacted its overall profitability. The interim financial results were unaudited but have undergone review by the company’s audit committee.

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