Blackmores, the Chinese vitamin company, reportedly almost tripled its profits growth, from AUS18.6m ($13.5m) in H1 2015 to AUS48.3m ($35m) in H2 2015, driven by strong demand from China. According to 4-traders, a large part of the growth comes from Australian tourists and entrepreneurs buying large quantities of supplements in local shops and pharmacies in Australia to sell later in their home country.
Blackmores, the Australian vitamin company, reportedly almost tripled its profits growth, from AUS18.6m ($13.5m) in H1 2015 to AUS48.3m ($35m) in H2 2015, driven by strong demand from China. According to 4-traders, a large part of the growth comes from Chinese tourists and entrepreneurs buying large quantities of supplements in local shops and pharmacies in Australia to sell later in their home country.