The dairy farmer, who a press report suggested was the target of a takeover by Canadian dairy company Saputo Inc. https://www.theaustralian.com.au/business/dataroom/a2-milk-jalna -dairy-foods-in-spotlight-as-saputo-goes-shopping/news-story/83a1679faca82f77bc3da33c5abe7625, reported net profit after tax of NZ$56.1 million ($37.54 million) for the first half, compared to NZ$120 million the previous year.
($1 = NZ$1.4945)