Synlait reports plunge in earnings

Apr 4, 2021 | Latest News

29.3.21 Synlait Milk reports 31.121 half year revenue rose 19% to $664.2m but net profit has fallen 76% to $6.4m. BITDA is down 29% to $47.7m. Consumer-packaged infant formula sales are down 16% to 18,085 MT; while Lactoferrin production is up 16% to 13.6 MT. Dairyworks revenue is at $112.6m. Synlait chair Graeme Milne […]

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Synlait reports plunge in earnings

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