News | Business
25 Apr 2024 14:17
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
     25 Apr: Cheaper citrus fruit may be on the way for shoppers
     25 Apr: It's thought the cost-of-living crisis could bring a silver-lining to Kiwis student loans
     25 Apr: Chris Hipkins says veteran support is an area of unfinished business for him
     25 Apr: Some tourist hotspots across New Zealand will be exempt from Anzac trading laws this morning
     24 Apr: New Zealand's achieved its first trading surplus, since May last year
     24 Apr: A new role awaits versatile Crusaders back David Havili ahead of his injury return in Friday's home clash against the Rebels in Christchurch
     24 Apr: Hallensteins Glassons has topped a list of fines - out of serious compliance breaches found in the New Zealand sharemarket
     Top Stories

    RUGBY RUGBY
    The 8th seeded Miami Heat have upset the Eastern Conference's top ranked Celtics in Match 2 of their first round NBA playoff in Boston....winning 111 to 101 to square the series one-all More...


    BUSINESS BUSINESS
    Cheaper citrus fruit may be on the way for shoppers More...



     Today's News

    Basketball:
    The 8th seeded Miami Heat have upset the Eastern Conference's top ranked Celtics in Match 2 of their first round NBA playoff in Boston....winning 111 to 101 to square the series one-all 14:07

    Business:
    Cheaper citrus fruit may be on the way for shoppers 13:47

    Entertainment:
    Céline Dion has no idea when she will be able to get back to touring 13:33

    Politics:
    A legal battle to get the Children's Minister to front the Waitangi Tribunal, is not yet over 13:27

    Rugby League:
    This afternoon's Anzac Day clash between the Warriors and Titans at Mt Smart will hit close to home for the visitors 13:27

    Rugby:
    The Blues' teamsheet to face the Reds in Brisbane on Saturday is subject to plenty of change 13:07

    Entertainment:
    The original 'Blair Witch Project' cast are furiously demanding more cash from the ongoing horror franchise 13:03

    Entertainment:
    Tom Brady faces being mocked over his divorce from Gisele Bündchen and her new relationship as he's signed up to be brutally roasted in a Netflix special 12:33

    Rugby League:
    Warriors chief executive Cameron George has praised former Wallabies coach Dave Rennie for helping turn the NRL club's team culture around 12:27

    Law and Order:
    A man is facing multiple charges in Whakatane court today, after allegedly taking three people hostage and firing at Police last night 12:07


     News Search






    Power Search


    © 2024 New Zealand City Ltd