Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Synlait Milk reports a NZ$182.1m loss, initiates debt reduction with a $130m loan and equity fundraising.

flag Synlait Milk, a New Zealand dairy producer, reported a NZ$182.1 million loss for the year ending July, attributed to efforts to reduce debt. flag The company has initiated a capital restructure, including a $130 million loan from Bright Dairy and $217.8 million in new equity. flag Despite challenges, Synlait aims for growth in advanced nutrition and foodservice sectors while offering incentives to retain farmer suppliers. flag The focus is on improving financial stability and operational performance.

9 Articles