Synlait Milk Limited reported earnings results for the full year ended July 31, 2023. For the full year, the company reported sales was NZD 1,320.76 million compared to NZD 1,397.01 million a year ago. Net loss was NZD 4.29 million compared to net income of NZD 38.52 million a year ago.

Basic loss per share from continuing operations was NZD 0.0647 compared to basic earnings per share from continuing operations of NZD 0.1847 a year ago. Diluted loss per share from continuing operations was NZD 0.0647 compared to diluted earnings per share from continuing operations of NZD 0.1843 a year ago. Basic loss per share was NZD 0.0196 compared to basic earnings per share of NZD 0.1762 a year ago.

Diluted loss per share was NZD 0.0196 compared to diluted earnings per share of NZD 0.1758 a year ago.