Aussie vi­ta­min maker shares dive

China Daily (USA) - - BUSINESS -

Shares in Aus­tralian vi­ta­min giant Black­mores Ltd dived on Wed­nes­day de­spite an­nounc­ing a near dou­bling of full year profit, as it ac­knowl­edged chal­lenges to ex­ports in key Asian mar­kets in the first quar­ter. Black­mores sales in­creased 52 per­cent A$717 mil­lion ($545.18 mil­lion) in the year end­ing June 30, dou­bling profit to A$100 mil­lion on the back of strong Aus­tralian sales, sup­ported by Chi­nese tourists seek­ing its prod­ucts in lo­cal stores.

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