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Synlait reports loss in ‘challenging’ year

Result for year to July comes in near bottom of guidance as company works to reduce debt.

Milk processor Synlait reported a loss of $4.3m for the year to July.

NBR Staff Mon, 25 Sep 2023

Milk processor Synlait has had a “challenging year”, said chair Simon Robertson, as the company reported a loss of $4.3 million for the year to July, near the bottom of its guidance range.

The result was down from a profit of $38.5m a year earlier.

Robertson said the results were “not where we

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NBR Staff Mon, 25 Sep 2023
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Synlait reports loss in ‘challenging’ year
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