25 Feb 2010

Further loss by A2 Corp

11:38 am on 25 February 2010

A2 Corporation made a $717,000 loss in the six months to December.

That compares to a loss of $1.99 million for the six months to September 2008. Revenue fell 40% to $249,000.

Chairman Cliff Cook says the focus on the underlying cost structure at the listed milk company has further reduced overheads.

He says development of a strategic business plan has positioned the company for geographical expansion and financial growth.