Keytone Dairy reckons you should be buying formula for your older kids, too
Food & Agriculture
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Keytone Dairy is cashing in on diabetics and kids who are probably past the bottled milk age.
The dairy powder maker (ASX:KTD) is one of several ASX milk formula stocks although not active in infant formula, is pitching a milk powder to parents of kids aged three to seven years old.
And they’ve has jumped on the diabetes food trend, joining other ASX companies making diet shakes, obesity pasta, low GI roti, and fat-fighting noodles. Milk can be a problem for diabetics as it’s high in carbohydrates, which are ultimately turned into sugars in the body.
The company’s products include manufactured breast milk, kiwi fruit milk formula, goat milk and anti-acne supplements.
The products will be sold in locally and internationally, including China where the company has the requisite Certification and Accreditation Administration of the People’s Republic of China (CNCA) approval.
KTD shares opened up 1 per cent this morning to 44.5c.
The company joined the ASX in July last year and shares hit as high as 87c in September before mellowing towards the end of the year, though they have rallied slightly since.
Stockhead has approached Keytone Dairy for comment.