close
MENU
3 mins to read

Synlait near quadrupled first-half net profit as it moved up the value chain

Synlait's ingredients business lifted gross margins 67%.

Jenny Ruth
Wed, 21 Mar 2018

Synlait Milk near quadrupled first-half net profit, which was also higher than last year’s annual net profit.

The profit increase was mainly driven by higher infant formula sales but its profit margins on ingredients also improved and inventory levels fell more than 18% at the end of January

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Jenny Ruth
Wed, 21 Mar 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Synlait near quadrupled first-half net profit as it moved up the value chain
74072
true