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Vitamin-maker Blackmores posts 41% full-year profit drop
Published Tue, Aug 29, 2017 · 09:50 PM
Sydney
AUSTRALIA'S top vitamin maker Blackmores Ltd reported a 41 per cent plunge in full-year profit on Tuesday, as exports to China failed to make up for a precipitous drop in demand from Chinese shoppers in Australia.
The result fell just short of market expectations and the company slashed its final dividend by a third, as efforts to switch its focus away from Ch…
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