Synlait Milk Limited reported earnings results for the half year ended January 31, 2024. For the half year, the company reported sales was NZD 652.89 million compared to NZD 632.33 million a year ago. Net loss was NZD 96.22 million compared to net income of NZD 4.81 million a year ago.

Basic loss per share from continuing operations was NZD 0.3203 compared to basic earnings per share from continuing operations of NZD 0.0064 a year ago. Diluted loss per share from continuing operations was NZD 0.3203 compared to diluted earnings per share from continuing operations of NZD 0.0063 a year ago. Basic loss per share was NZD 0.4402 compared to basic earnings per share of NZD 0.022 a year ago.

Diluted loss per share was NZD 0.4402 compared to diluted earnings per share of NZD 0.0219 a year ago.