MARKET WIRE NEWS

Synlait Milk Ltd (OTCMKTS : SMLKF ) Stock

Share:

MWN-AI** Summary

MWN-AI** Analysis

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.


Description


Synlait Milk Ltd is a dairy processing company that benefits from a differentiated milk supply and unique operating environment in New Zealand. The business operates within one industry that includes the manufacture of milk powder and its related products, liquid milk, cheese, and butter. The company's success is largely due to its core infant nutrition business. Some of its key products include infant nutritional powders, whole milk powders, skim milk powders, anhydrous milk fat, and lactoferrin. The company is largely export-focused with China as its largest export market. The acquisition of two cheese companies resulted in an instant increase in the cheese segment and a more diversified earnings base.


Quote


Last:$0.971
Change Percent: 0.0%
Open:$0.971
Close:$0.971
High:$0.971
Low:$0.971
Volume:100
Last Trade Date Time:07/24/2023 03:00:00 am

Stock Data


Market Cap:$212,242,793
Float:218,581,661
Insiders Ownership:N/A
Institutions:
Short Percent:N/A
Industry:Consumer Products - Foods
Sector:Consumer Staples
Website:
Country:NZ
City:

Recent News Releases


Subscribe to Our Newsletter


Message Board Posts


**MWN-AI FAQ is based on asking OpenAI questions about Synlait Milk Ltd (OTCMKTS: SMLKF).

Link Market Wire News to Your X Account

Download The Market Wire News App