Synlait on trading halt to mull ‘new information’
Milk processor says it may need to revisit profit guidance issued last month.
An audit of Synlait’s Dunsandel plant for China’s State Administration for Market Regulation began in late February.
Milk processor Synlait has sought a trading halt on its shares and quoted bonds, saying it may need to change its profit guidance based on new information received.
The company’s most recent profit guidance was issued on March 27 featuring expected net profit for the year to June of $15 million to
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