Synlait near quadrupled first-half net profit as it moved up the value chain
Synlait's ingredients business lifted gross margins 67%.
Hot Topic
Hawke’s Bay
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
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 debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Jenny Ruth
Wed, 21 Mar 2018
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