UPDATE: A2 Milk eyes infant formula for sales growth as ASX listing costs lead to loss

Thu, 20 Aug 2015

(Recasts, adds CEO comment, share price) By Fiona Rotherham Aug. 20 (BusinessDesk) - A2 Milk Co sees more upside for infant formula, which underpinned full-year sales growth for the specialty milk marketing company, although costs for a secondary listing on the ASX resulted in an annual loss. The shares dropped 9.1 percent. The Auckland-based company reported a net loss of $2.09 million in the year ended June 30, compared to a profit of $10,000 a year earlier. That included a $1.68 million charge relating to its ASX listing. Revenue ju...

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