Synlait issues profit warning
Half-year profit down and lower growth ahead, but no coronavirus impact so far.
Milk processor Synlait has warned its profits for the year to July could be lower than expected as infant formula sales in China took a double hit from slower growth and supplier consolidation.
In a statement to the NZX, Synlait said its net profit was expected to be $70 million to $85m for the
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