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Fonterra's Soprole lifts net profit by 16.8 per cent, reversing 3-year trend

Fonterra s Soprole lifts net profit by 16.8 per cent, reversing 3-year trend
13 Apr, 2021 05:00 PM
4 minutes to read
Fonterra s Chilean subsidiary, Soprole, lifted its net profit in 2020. Photo / 123RF
Fonterra-controlled Chilean food group Soprole overcame difficulties imposed by a weak economy and Covid-19 to post a 16.8 per cent increase in its net profit in 2020.
Soprole s annual report shows its profit came to
22.5 billion Chilean pesos (CLP), or NZ$45.8 million, up from 19.25 billion CLP in the previous year, which was hit by falling sales and declining milk supply.
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The company s policy is to pay out 30 per cent of its profit in dividends. ....

United States , New Zealand , Kelvin Wickham , Hugo Covarrubias Lalanne , Fonterra Controlled Chilean , Dairy Board , Middle East , North Asia , Dairy Partners Americas , Covid 19 , ஒன்றுபட்டது மாநிலங்களில் , புதியது ஜீலாந்து , கெல்‌விந் விக்கம் , ஹ்யூகோ கோவரூபியாஸ் லலன்னே , பால் பலகை , நடுத்தர கிழக்கு , வடக்கு ஆசியா ,

Fonterra's Soprole lifts net profit by 16.8 per cent, reversing 3-year trend

Fonterra's Soprole lifts net profit by 16.8 per cent, reversing 3-year trend
nzherald.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzherald.co.nz Daily Mail and Mail on Sunday newspapers.

United States , New Zealand , Kelvin Wickham , Hugo Covarrubias Lalanne , Fonterra Controlled Chilean , Dairy Board , Middle East , North Asia , Dairy Partners Americas , ஒன்றுபட்டது மாநிலங்களில் , புதியது ஜீலாந்து , கெல்‌விந் விக்கம் , ஹ்யூகோ கோவரூபியாஸ் லலன்னே , பால் பலகை , நடுத்தர கிழக்கு , வடக்கு ஆசியா ,