Synlait Milk: NPAT 2023

In fiscal year 2023, the net profit after tax of Synlait Milk was at a deficit of 4.3 million New Zealand dollars. This was a significant decrease from the previous year when the NPAT was 38.5 million New Zealand dollars. Initially established as a dairy farming company, Synlait has gradually shifted it's focus to include milk and and milk powder processing, marketing, and distributing.

Net profit after tax (NPAT) of Synlait Milk Limited from financial year 2015 to 2023 (in million New Zealand dollars)

Characteristic	Profit in million New Zealand dollars
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Release date

September 2023

More information

Region

New Zealand

Survey time period

financial years 2015 to 2023

Supplementary notes

One New Zealand dollar is equal to approximately 0.61 U.S. dollars and 0.59 euros (as of November 2022).

New Zealand's financial year runs from July 1 to June 30; for example, financial year 2017 starts on July 1, 2016 and ends on June 30, 2017.

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