Reuters logo
BRIEF-Synlait Milk posts FY net profit after tax of NZ$38.2 mln
September 18, 2017 / 10:37 PM / 2 months ago

BRIEF-Synlait Milk posts FY net profit after tax of NZ$38.2 mln

Sept 19 (Reuters) - Synlait Milk Ltd

* Synlait’s forecast milk price of $6.50 kgms for current 2017 / 2018 dairy season remains unchanged

* FY net profit after tax of NZ$38.2 million and FY revenue increasing 39% to NZ$759 million

* Synlait confirmed that their total average milk price for 2016 / 2017 dairy season is NZ$6.30 kgms

* Intend to increase margins & operational efficiency, as well as canned infant formula volumes in FY18 to 30,000 MT - 35,000 MT Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below