Plant-based bubble bursts
OPINION: Talking about plant-based food: “Chicken-free chicken” start-up Sunfed has had its valuation slashed to zero by major investor Blackbird…
OPINION: A mate of yours truly asks if the financial pickle that milk company Synlait currently finds itself in is a case of the people supposed to be in charge of the company taking their eyes off the ball.
After nine straight years of profitability Canterbury milk processor Synlait has reported its largest financial loss.
Listed Canterbury milk processor Synlait is heading towards its first financial loss ever, but is telling its farmer suppliers not to worry.
Embattled Canterbury milk processor Synlait has taken another hit, with key customer and shareholder a2 Milk issuing its fourth earnings downgrade.
Canterbury Milk processor Synlait has suffered a 76% drop in half-year net profit as it battles Covid-related volatility and rising dairy prices.
OPINION: Talking about plant-based food: “Chicken-free chicken” start-up Sunfed has had its valuation slashed to zero by major investor Blackbird…
OPINION: Synlait's financial woes won’t be going away anytime soon.