News | Business
16 Apr 2024 23:43
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 > Business

    Concern for farmer suppliers, as Synlait Milk grapples with financial difficulties

    Concern for farmer suppliers, as Synlait Milk grapples with financial difficulties


    Fonterra
    Fonterra
    The Canterbury-based milk processor has signalled a potential net loss between 17and 21-million dollars in its half year results.

    The company recorded a net profit of four-point-eight million dollars in the same period last year.

    Ashburton-based Synlait supplier Willy Leferink says they're paying out at four-dollars seventy-five, with cost of production around six dollars.

    He says due to their financial woes, Synlait is paying a dollar less than Fonterra.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     16 Apr: Spire collapses after fire breaks out at Copenhagen's 17th-century Old Stock Exchange
     16 Apr: The Telecommunications Commissioner says he's disappointed about alleged breaches of the 111 Contact code by telco One New Zealand
     16 Apr: A Christchurch businessman's appeal against the Tenancy Tribunal's been dismissed
     16 Apr: How Israel managed to intercept '99 per cent' of Iran's drone and missile attack
     16 Apr: More anguish for Everton in football's Premier League
     16 Apr: Surprise as high migration figures continue to sustain
     16 Apr: A highly anticipated debut with an extremely high price point
     Top Stories

    RUGBY RUGBY
    Add another chapter to the book of big name oval-ball code switchers More...


    BUSINESS BUSINESS
    Spire collapses after fire breaks out at Copenhagen's 17th-century Old Stock Exchange More...



     Today's News

    Business:
    Spire collapses after fire breaks out at Copenhagen's 17th-century Old Stock Exchange 22:27

    Business:
    The Telecommunications Commissioner says he's disappointed about alleged breaches of the 111 Contact code by telco One New Zealand 21:57

    Entertainment:
    The ex ecutor of O.J. Simpson's will plans to fight any payments to the families of his late ex-wife Nicole Brown and her friend Ron Goldman 21:40

    Law and Order:
    Police have named a man who drowned after running into the sea while fleeing Police at Mt Maunganui 21:17

    Entertainment:
    Sofia Vergara has dec lared her love for her new boyfriend 21:10

    Entertainment:
    Kate Hudson is "ready to take the criticism" that may come with the launch of her music career 20:40

    Entertainment:
    Drew Barrymore likes to think of herself as a "walking cautionary tale" for child stars 20:10

    Living & Travel:
    A Sydney priest is stabbed while live streaming a sermon: how it unfolded 19:47

    Entertainment:
    Jon Bon Jovi will quit touring if his singing is "not great" 19:40

    Entertainment:
    Nicole Kidman's wedding day was one of the most "emotional things" that has ever happened to her 19:10


     News Search






    Power Search


    © 2024 New Zealand City Ltd