The dairy giant has posted normalised Earnings Before Interest and Tax of 684 million, up 17 percent, for the first six months of the financial year.
In Greater China, Fonterra's normalised EBIT was 339 million dollars, a 38 percent increase.
But the co-op says it's decided to sell-off the joint venture JV farms in China, by the end of this calendar year.
CEO Miles Hurrell says it's in line with the strategy to focus on New Zealand milk.
