Revenue came to $922.7m – an increase of 68 per cent over the prior corresponding period. New Zealand 's a2 Milk reported net profit of $ 195.7 m for the fiscal year ended 30 June , up 116 % from the year before , with the growth attributed mostly to the increase in baby formula sales in China and Australia . Revenue for the same period increased 68 % to $ 922.7 m with infant formula market share rising 5.1 % in China and 32 % in Australia , and physical distribution growing to approximately 10,000 stores in Australia and 6,000 stores in the US . The company 's increased investment into branding and marketing led to the rapid growth of the formula business and expansion of the liquid milk business .
New Zealand 's a2 Milk reported net profit of $ 195.7 m for the fiscal year ended 30 June , up 116 % from the year before , with the growth attributed mostly to the increase in baby formula sales in China and Australia . Revenue for the same period increased 68 % to $ 922.7 m with infant formula market share rising 5.1 % in China and 32 % in Australia , and physical distribution growing to approximately 10,000 stores in Australia and 6,000 stores in the US . The company 's increased investment into branding and marketing led to the rapid growth of the formula business and expansion of the liquid milk business .