bullish
Synlait Milk: 1H23 Result — Curdling Continues
Following on from Synlait Milk's (SML) material FY23 NPAT downgrade on 17 March 2023, the 1H23 result showed (1) its opex base is much higher than expected (and unlikely to reverse near-term), and (2) gearing remains very elevated.
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Forsyth Barr
New Zealand Professional Investment Services Firm
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- Synlait Milk: 1H23 Result — Curdling Continues04 Apr 2023
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