A2 Corporation has more than trebled its profit as it looks to start selling its milk in the UK and Ireland this year.
Net profit for the six months ended December 31 was $3.1 million compared with $894,000 the previous year, with revenue up 55.9 per cent to $30.1 million.
Managing director Geoffrey Babidge said a focus on effective marketing and communication, and management of costs ensured earnings before interest, tax, depreciation and amortisation had grown broadly in line with sales.
"Considerable achievements were made consistent with our growth strategy to position [A2 Corporation] as an innovative fast moving consumer goods and ingredients company with a global focus," Babidge said.
The NZAX-listed company looked forward to the launch in the UK later this year "and our further expansion into additional markets of interest in the not too distant future".
