Synlait Milk Limited reported earnings results for the half year ended January 31, 2023. For the half year, the company reported sales was NZD 769.83 million compared to NZD 790.59 million a year ago. Net income was NZD 4.81 million compared to NZD 27.91 million a year ago.

Basic earnings per share from continuing operations was NZD 0.022 compared to NZD 0.1277 a year ago. Diluted earnings per share from continuing operations was NZD 0.0219 compared to NZD 0.1274 a year ago.