Yahoo Finance Synlait Milk First Half 2024 Earnings: NZ$0.32 loss per share (vs NZ$0.006 profit in 1H 2023)
Synlait Milk (NZSE:SML) First Half 2024 Results
Key Financial Results
Revenue: NZ$652.9m (up 3.3% from 1H 2023).
Net loss: NZ$70.0m (down from NZ$1.40m profit in 1H 2023).
NZ$0.32 loss per share (down from NZ$0.006 profit in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Synlait Milk Earnings Insights
Looking ahead, revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Food industry in New Zealand.
Performance of the New Zealander Food industry.
The company's shares are down 17% from a week ago.
Risk Analysis
You should learn about the 3 warning signs we've spotted with Synlait Milk (including 1 which is a bit unpleasant).
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