New Zealand's Synlait Shares Hit Five-Month Low on Loss Warning

'Very disappointed': Synlait warns of first-half loss up to $82m, shares slump

Synlait Milk says it is heading towards a first half net loss of $77 million to $82 million because of what it said were “manufacturing challenges” at its...

New Zealand's Synlait shares hit five-month low on loss warning

New Zealand's Synlait Milk warned on Wednesday it will swing to a first-half loss in fiscal 2026, as rising costs and lingering operational strains deepen pressure on the embattled dairy processor, sending its shares to a five-month low.

Synlait heading for a first-half loss of about $80 mln

Dairy company Synlait is 'very disappointed' with its latest six-month result and the impact it has had on the pace of the company's financial turnaround

Synlait Milk shares curdle after profit warning

Synlait Milk has issued a profit warning, with the New Zealand dairy business warning investors it could report a first-half loss of as much as NZ$82m (US$49.4m).The post Synlait Milk shares curdle after profit warning appeared first on Just Food.

Facing Tough Tides: Synlait Milk Anticipates Half-Year Loss Amid Manufacturing Hurdles

read the original version on: www.retailnews.asia Synlait Milk, a company based in New Zealand and listed on the Australian Securities Exchange (ASX), anticipates reporting a loss for the six months ending on January 31. The company has attributed this forecast to manufacturing challenges at its Dunsandel facility. Synlait owns Dairyworks, a supplier of cheese, butter, and ice cream to Australian supermarkets. […] The post Facing Tough Tides: Sy…

Synlait Milk expects half-year loss amid manufacturing challenges

New Zealand-headquartered Synlait Milk expects to record a loss during the six months ended January 31, citing manufacturing challenges at its Dunsandel site. The company, which is also listed on the ASX, owns Dairyworks, which supplies Australian supermarkets with cheese, butter, and ice cream. The company is forecasting an underlying net loss after tax of NZ$33 million to $38 million and a reported net loss after tax of $77 million to $82 mill…