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20 May 2024 19:32
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      Home > News > Rural

    Fonterra is reporting profit after tax of 1.6 billion dollars -- up 170-percent on last year

    Fonterra is reporting profit after tax of 1.6 billion dollars -- up 170-percent on last year


    Fonterra
    Fonterra
    It's reporting earnings of 95 cents per share -- up from 36 cents per share.

    The full year dividend will be 50 cents per share, including an interim dividend of 10 cents per share.

    The final farmgate milk price will be eight-dollars-22 per kilogram of milk solids.

    © 2024 Newstalk ZB, NZCity

     Other Rural News
     17 May: Uncertainty around Fonterra's plan to sell well-known brand Anchor
     17 May: Fonterra's CEO says the co-op's decided to divest a number of overseas operations, for the good of the business
     23 Apr: Sheep farmers are being urged to hang on
     21 Mar: The boss of Fonterra is playing down concerns about the Chinese market
     21 Mar: A good news day for Fonterra shareholders
     21 Mar: Dairy farmers will be breathing a sigh of relief with Fonterra's latest results
     20 Mar: There's bad news for dairy farmers on the eve of Fonterra's half year results -- with dairy prices dropping a further 2.8 percent at the latest Global Dairy Trade auction this morning
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