Synlait making ‘big steps in the right direction’, says chair
Dairy processor reports a return to profit for the half year.
Milk processor Synlait is back in the black as a turnaround plan to recover from a sudden drop in demand from major client A2 Milk gains traction.
For the six months to January, net profit was $27.9 million, aided by a one-off $11.9m gain from the sale and leaseback of its property near Auckland
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