Synlait Milk's NPAT FY 2015-2024
In fiscal year 2024, the net profit after tax of Synlait Milk was at a deficit of 182.1 million New Zealand dollars. This was a significant decrease from the previous year when the NPAT recorded a deficit of 4.3 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.