Stock Analysis
- New Zealand
- /
- Food
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- NZSE:SML
Synlait Milk First Half 2023 Earnings: EPS: NZ$0.022 (vs NZ$0.13 in 1H 2022)
Synlait Milk (NZSE:SML) First Half 2023 Results
Key Financial Results
- Revenue: NZ$769.8m (down 2.6% from 1H 2022).
- Net income: NZ$4.81m (down 83% from 1H 2022).
- Profit margin: 0.6% (down from 3.5% in 1H 2022).
- EPS: NZ$0.022 (down from NZ$0.13 in 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Synlait Milk Earnings Insights
Looking ahead, revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Food industry in New Zealand.
Performance of the New Zealander Food industry.
The company's shares are down 13% from a week ago.
Risk Analysis
It is worth noting though that we have found 2 warning signs for Synlait Milk (1 is potentially serious!) that you need to take into consideration.
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About NZSE:SML
Synlait Milk
Synlait Milk Limited, together with its subsidiaries, manufactures and sells dairy products in China, rest of Asia, the Middle East, Africa, New Zealand, Australia, and internationally.
Reasonable growth potential and fair value.