SM1 7.27% 29.5¢ synlait milk limited

FY20 Results: Not Great!

  1. 2,909 Posts.
    lightbulb Created with Sketch. 434
    Still glad I am not a holder.

    Net profit down 9%. 9%! To $75.2m

    Powder and cream volume and gross profit down 6%

    Debt up to $527m and financing costs up to $21.4 from $9m last year.

    Profit before tax down to $101m down form $115m

    Return on net operating assets down to 14.75 from 22.1%
 
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