Shane Solly: Harbour Asset Management spokesperson on A2 Milk's share price surging - Heather du Plessis-Allan Drive

A2 Milk has upped its first-half net profit by 7.6 percent - overtaking expectations - and announced its first dividend of 8.5 cents a share.

Its infant milk formula (IMF) sales grew by 7.2 percent, led by its English label, which was up 13 percent, while China label sales were 2 percent higher.

Harbour Asset Management's Shane Solly unpacked the factors behind this change.

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