Australia's Jatcorp sinks to 1-year low on loss warning for year

Jatcorp

11/07/2025 06:39

** Shares of Jatcorp JAT.AX  drops 12.7% to A$0.310, its lowest level since May 2024

** Co's shares lose most since April 14

** The dairy food producer expects an unaudited net loss after tax in the range of A$7.6 million to A$8 million for FY25, a decline in financial performance compared to a year ago

** Co says total revenue fell by A$39 million ($25.67 million) due to cessation of its international trading operations and losses related to the suspension of sales of Neurio-branded products in China, following a court ruling against co

** YTD,  shares down 29%

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))