News | Rural
25 May 2020 12:50
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Rural

    More unexpected news from Fonterra -- with the dairy co-cop deciding to delay the reporting of its audited financial results

    More unexpected news from Fonterra -- with the dairy co-cop deciding to delay the reporting of its audited financial results


    Fonterra
    Fonterra
    The reporting date has been delayed from next Thursday to no longer than the end of the month.

    It's also confirmed prior guidance that it expects to report a loss of 590 to 675 million dollars for the year to July, which is a 37 to 42 cent loss per share.

    The Business Herald's Duncan Bridgeman says this year's results are particularly complex.

    Fonterra says it needs extra time with its auditor to work through the nitty gritty in its accounts.

    © 2020 Newstalk ZB, NZCity


     Other Rural News
     21 May: Fonterra continues to strengthen its balance sheet
     21 May: Fonterra is on course to inject 11 billion dollars into the economy this year
     05 May: People made redundant from Covid 19 are the target of farmers with jobs to fill on dairy farms
     24 Apr: Dairy giant Fonterra is persisting with its fifteen to twenty cents share forecast in spite of Covid 19's impact on milk trading
     14 Apr: Dairy farmers are facing a dismal milk 5 dollars 60 a kilogram payout forecast next season - because of the coronavirus crisis
     28 Mar: During the coronavirus lockdown many farmers are still struggling with Mycoplasma bovis
     24 Mar: Heightened health protocols will cause only minor hold-ups to Fonterra's milk operations through the four-week lockdown
     Top Stories

    RUGBY RUGBY
    The professional playing days of former Crusaders and All Blacks halfback Andy Ellis could be drawing to a close More...


    BUSINESS BUSINESS
    More support for Kiwis left jobless by COVID-19 More...



     Today's News

    Environment:
    Otaki Beach Store's owner says he has a "minor" clean-up job after this morning's earthquake 12:27

    Law and Order:
    A man's been arrested in relation to the theft of a car with a baby inside from a Whangarei Service Station 11:57

    Law and Order:
    Hamilton Police are appealing for sightings of a missing teenage boy 11:07

    Business:
    More support for Kiwis left jobless by COVID-19 10:47

    Rugby League:
    The NRL is aiming to have fans attending games by the start of July 10:27

    Environment:
    Kapiti Coast is deemed safe and sound, following this morning's strong earthquake 10:07

    Law and Order:
    Armed police have descended on a property in Hamilton, as part of a murder inquiry 9:27

    Accident and Emergency:
    A person has died after crashing their car near Rotorua 8:46

    Rugby:
    The professional playing days of former Crusaders and All Blacks halfback Andy Ellis could be drawing to a close 8:16

    Environment:
    A significant earthquake has hit the lower North Island this morning - and been felt across the country 8:06


     News Search






    Power Search


    © 2020 New Zealand City Ltd