CSB - Riley Kennedy - Synlait Milk

Publish Date
Tuesday, 1 October 2024, 8:52AM

Synlait Milk has reported a net loss of $182.1 million and stumped up with a one-off payment to try to keep its supplying South Island farmers.

The embattled dairy processor reported its full-year results to July 31 on Monday with revenue up 2% to $1.64 billion.

It took a total non-cash impairment of $114.6m during the year against its long-term assets.

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