a2 Milk profit jumps 21% on strong China formula sales NZ plant buy to boost market access, special dividend eyed19 August 2025 19 August 2025 2 minute read 2 minute read By: By: Global Ag Media OceaniaNew Zealand's a2 Milk reported a 21% jump in its full-year profit on Monday helped by strong China demand, and announced the acquisition of a manufacturing facility to expand its share in China, reported Reuters. That was largely on the back of strong demand for its infant milk formula products in China, its top market. Total IMF sales rose 10%, driven by a robust 17% growth in its English label offerings, while China label sales grew 3.3%. "It has been an exceptional year for our infant milk formula business," said CEO David Bortolussi. The facility already has two existing China label product registrations, which will help a2 Milk bolster its penetration in its top market.