Synlait had a horror 2024, having to get its two largest shareholders - China's Bright Dairy and The a2 Milk Company - to bail it out in the form of a 218-million dollar capital raise to repay debt.
Synlait Milk returns to profitability following cost-cutting steps

Synlait had a horror 2024, having to get its two largest shareholders – China’s Bright Dairy and The a2 Milk Company – to bail it out in the form of a 218-million dollar capital raise to repay debt.

It also went on to report a full-year loss of 181-million.

According to Business Desk, there’s cautious optimism from the company, thanks to various factors including new advanced nutrition products, and strong performance off the back of improvement of foreign exchange.

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