A2 Milk posted a 290 % surge in interim sales to NZD39.38 m ( $ 36.8 m ) in the December half , from NZD10.1 m a year earlier . The company attributed rising profits to strong sales during China 's " singles day " sales and increased market share in Australia and China . However , the rate of growth partly reflects inventory shortages the company experienced the previous year . Investors though were not impressed chipping 2.5 per cent off the company's share price which closed at $2.36. A2 's managing director added that China 's strict regulatory environment could hurt the flow of product from the UK .
A2 Milk posted a 290 % surge in interim sales to NZD39.38 m ( $ 36.8 m ) in the December half , from NZD10.1 m a year earlier . The company attributed rising profits to strong sales during China 's " singles day " sales and increased market share in Australia and China . However , the rate of growth partly reflects inventory shortages the company experienced the previous year . A2 's managing director added that China 's strict regulatory environment could hurt the flow of product from the UK .