Australian Dairy Nutritionals Group (ASX:AHF) shares have plummeted by as much as 19.1% to A$0.017, marking their lowest point since July 2, 2014.

This signifies the stock’s largest intraday percentage loss since May 11.

The dairy firm is foreseeing a comprehensive loss of A$917,000 due to inventory impairment.

An anticipated FY total comprehensive loss of A$8.2 million is quite a leap from last year’s loss of A$2.5 million.

Approximately 2.4 million total shares have changed hands, a fivefold increase compared to the 30-day average volume.

Despite these setbacks, the company’s stock has risen by 53.3% this year, as at its last closing.

Australian Dairy Nutritionals features health-focused dairy goods and operates in Australia’s prime dairy districts.