Australian Dairy Nutritionals Group (AU:AHF) has released an update.
Australian Dairy Nutritionals Group reported net cash outflows of $1.16 million for Q1 FY25, ending the quarter with $5.09 million in cash. Strategic moves include a new exclusive supply agreement with Mutree Science and Technology for the Chinese market and a manufacturing deal with Nutura Organic Ltd. The appointment of Andy Zhang as a Non-Executive Director adds significant expertise to the company, particularly in the infant formula sector.
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