Ausnutria has announced financial results for the nine months ended 30th September 2019,
with revenue increased by 23.9% y.o.y, mainly due to the growth of its own-branded formula
goat milk powder and cow milk powder, which increase by 40.3% and 30.6% respectively.
The percentage share of own-branded business to total revenue increased by 7.3ppt. y.o.y. to
87.7%. Revenue growth recorded 28.3% y.o.y. during Q3. Nutrition products and private
label and others businesses, decreased by 23.1% , as a result of the company’s strategy to
prioritise more of its resources to better serve its own-branded business.