Shanghai Pengxin-controlled Milk NZ Holding sells more milk but costs rise.
Tim Hunter Wed, 22 May 2019
Chinese-owned dairy farmer Milk New Zealand Holding has reported a profit of $4.2 million for the year to December, down a third on the previous year’s result.
Revenue from milk sales grew 27% to $31.9m but the cost of sales grew 83%.
Milk NZ Holding owned 16 farms totalling 7888ha in the
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).
