Displaying items by tag: Synlait

Synlait has matched Fonterra in delivering a final milk price of $8.22/kgMS for last season.

Troubled Canterbury milk processor Synlait has posted a loss of $4.3 million for 2023 financial year, a major reversal from a $38m profit the previous year.

OPINION: Troubled Canterbury milk processor Synlait continues to undergo changes.

Troubled Canterbury milk processor Synlait has received a boost with Chinese authorities giving the company the green light to manufacture and export infant formula for the next four years.

Four years after splashing $150 million on two cheese companies, troubled milk processor Synlait is now looking at divestment.

OPINION: Listed Canterbury milk processor Synlait is fighting an uphill battle to get its business in order.

Canterbury milk processor Synlait's recovery has hit a roadblock with a major profit downgrade and signs of a strained relationship with a key customer and stakeholder.

Despite a big drop in its half year profit Synlait Milk says there are a number of bright spots as reduced demand sees it extend out its recovery from two to three years.

OPINION: The Government isn’t the only one consigning sustainability-led initiatives to the rubbish bin.

Canterbury milk processor Synlait Milk will get a new chairman next month.