A2 Milk shares have plummeted to a two-year low after the company revealed a large fall in profit caused by COVID-19 restrictions. The latest interim report for the company (pdf) revealed it had suffered a 35 percent drop in its half-year net profits after its daigou trade collapsed due to border restrictions and supply chain disruption. After the report was released, A2 share prices dropped sharply by over 15 percent to A$8.80 just after midday. A2 Milk’s share price has more than halved since it hit its peak of A$19.94 in mid-2020. “The results are disappointing, and not what the company planned earlier in the year, but the fundamentals of the company are really strong,”  A2 Milk CEO David Bortolussi told the Australian Financial Review. “Brand health is strong; there is a compelling product and innovation potential.” But he noted that COVID-19 had caused a lot of supply and demand volatility. “We …