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Fonterra first half operating earnings up 17pc, sets 5c dividend 16 Mar, 2021 07:51 PM 3 minutes to read Fonterra said a "standout performance" from its Greater China business helped drive its normalised operating profit for the six months to January up by 17 per cent to $684m. The co-op also said it would pay a 5c interim dividend after opting not to pay one in the previous corresponding interim period. Fonterra's "reported" net profit came to $391m, down 22 per cent. After being "normalised" the figure came in at $418m. Advertisement Fonterra kept to its full-year forecast normalised earnin...

The co-op also said it would pay a 5c interim dividend.