A2 Milk dumps $90m in outdated infant formula after daigou sales crash

Andrew Marshall
By Andrew Marshall
Updated May 14 2021 - 7:14am, first published 6:30am
Wounded A2 dumps old formula stocks, revamps sales push in China

Specialist milk and infant formula market high flier, the A2 Milk Company has confessed challenging times in its once booming China trade are not getting any better and it is now writing off about $90 million in unsold nutritional powder stocks.

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Andrew Marshall

Andrew Marshall

National agribusiness writer

Andrew Marshall is the group agribusiness writer for ACM's state agricultural weeklies and websites. He is a former editor at The Land and has worked in various Rural Press group roles in Canberra, North Richmond (NSW) and Toowoomba (Qld).

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