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11 May 2024 9:24
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      Home > News > Rural

    Fonterra forecasting another massive loss

    Fonterra is forecasting another massive loss, related to the value of assets overseas


    Fonterra
    Fonterra
    It's forecasting a 675-million dollar loss for this year, after writing down the value of under-performing assets overseas

    © 2024 Newstalk ZB, NZCity

     Other Rural News
     23 Apr: Sheep farmers are being urged to hang on
     21 Mar: The boss of Fonterra is playing down concerns about the Chinese market
     21 Mar: A good news day for Fonterra shareholders
     21 Mar: Dairy farmers will be breathing a sigh of relief with Fonterra's latest results
     20 Mar: There's bad news for dairy farmers on the eve of Fonterra's half year results -- with dairy prices dropping a further 2.8 percent at the latest Global Dairy Trade auction this morning
     13 Mar: Sheep and beef farmers are looking down the barrel of their worst year in 15 years
     07 Mar: Sheep and goat milk farmers are being left with few options as the sector grinds to a halt
     Top Stories

    RUGBY RUGBY
    Chiefs coach Clayton McMillan believes they're timing their run nicely into the Super Rugby playoffs More...

    BUSINESS BUSINESS
    Several teenagers have been taken in by Police, after aggravated robberies in three Auckland businesses, including jewellery stores More...


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     Rugby League:
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     International:
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     International:
    Michael Cohen, the man who destroyed his own life to try to put Donald Trump in jail 7:57

     Golf:
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     Cricket:
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