Blackmores shares hit hard on back of changing path to China

By Patrick Hatch
Updated February 22 2017 - 6:08pm, first published 5:12pm
The company said it recorded $158 million in local sales in the last six months of 2016, down 31 per cent on the same period in 2015. Photo: John Woudstra
The company said it recorded $158 million in local sales in the last six months of 2016, down 31 per cent on the same period in 2015. Photo: John Woudstra

Blackmores' shares shed as much as $13 of their value on Wednesday after the vitamins and supplements powerhouse revealed that shifting channels into the all-important Chinese market had crunched its sales and profit.

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