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The latest announcement is out from AuMake Ltd. ( (AU:AUK) ).
AuMake Limited has announced a strategic shift towards higher margin sales channels and products, aiming to streamline operations and enhance profitability. The company is focusing on six core strategic objectives for FY26, including brand acquisitions in the health supplement market, restructuring its sales models, and exploring new distribution channels in China and the USA. Additionally, AuMake has reported significant progress in its distribution contracts, with sales exceeding $1.7 million for Kabrita Adult Goat’s milk and over $6 million for Danone’s infant formula products. The company is also renegotiating key partnerships to improve margins and reduce costs, while addressing ongoing delays with its joint venture partner, Yangtze River, due to changes in the international trade environment.
More about AuMake Ltd.
AuMake Limited operates in the retail and distribution industry, focusing on brand management, distribution, and sales and marketing in Asia. The company is involved in the health supplement and functional food markets, with a strategic emphasis on cross-border retail and business-to-business (B2B) sales, particularly targeting the Chinese market.
Current Market Cap: A$7.56M
For a thorough assessment of AUK stock, go to TipRanks’ Stock Analysis page.
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