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NZ's Fonterra half-year profit jumps 43% on higher global dairy prices

Fonterra to sell China JV farms, Beingmate stake as profit jumps 43% Reuters 16/03/2021 © Reuters/Nigel Marple The Fonterra logo is seen near the Fonterra Te Rapa plant near Hamilton (Reuters) - New Zealands Fonterra said on Wednesday it will sell its joint venture farms in China and its remaining stake in infant formula maker Beingmate as it looks to move its focus from Beijing and prioritise domestic operations. Fonterra also posted half-year results, with a 43% surge in adjusted profi...
New Zealand Soumyajit Saha Shinjini Ganguli Nigel Marple Fonterra Te Rapa Nigel Marple The Fonterra
Source: msn.com

Fonterra raises lower end of profit view on strong demand for dairy products

Fonterra raises lower end of profit view on strong demand for dairy products Reuters 24/02/2021 © Reuters/Nigel Marple FILE PHOTO: The Fonterra logo is seen near the Fonterra Te Rapa plant near Hamilton (Reuters) - Dairy producer Fonterra on Thursday raised the lower end of its full-year profit outlook on strong demand for its products. The company narrowed the expected range to between 25 and 35 New Zealand cents per share from 20 and 35 New Zealand cents per share. The worlds biggest d...
New Zealand Sameer Manekar Arun Koyyur Fonterra Te Rapa Nigel Marple Southeast Asia
Source: msn.com

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