Fonterra is back in the black
Fonterra is back in the black
20 March 2019
The dairy giant has returned to profitability with a net profit after tax of 80-million dollars.
That's up 123-percent on the previous year.
Chief executive Miles Hurrell says the interim result is positive, but earnings aren't as high as they should be.
Earnings before interest and tax fell 29-percent, to 323-million dollars.
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