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29 Jun 2024 16:02
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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
     27 Jun: A tough time for dairy farmers with expenses up, and profits down
     05 Jun: Dairy prices are up another 1.7 percent in this morning's latest Global Dairy Trade auction
     29 May: Fonterra remains wary about the state of the global dairy market
     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
     Top Stories

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     Today's News

    		 Netball:
    Magic captain Ameliaranne Ekenasio believes her team's defensive unit deserve bouquets in netball's ANZ Premiership, ahead of this afternoon's clash against the Stars in Tauranga 15:47

     Rugby League:
    Magic captain Ameliaranne Ekenasio has commended her side's resolve after losing midcourter Ali Wilshier to a season-ending knee injury in the ANZ Premiership 15:27

     Rugby:
    All Blacks coach Scott Robertson's focus is on the here and now rather than a long-term plan towards 2027 for the time being 14:57

     International:
    Search for missing British teenager Jay Slater stretches into second week in Tenerife as family faces global online attention 14:17

     International:
    Rifleman, NZ's smallest bird may be 'missing link' in birdsong evolution: study 14:17

     Rugby:
    All Blacks coach Scott Robertson sought the counsel of Wayne Smith before making his first selections official 13:47

     Law and Order:
    Nelson's former mayor has been left badly shaken by a frightening incident in her home 13:27

     Politics:
    Reform UK's Nigel Farage wants to shake up the UK election — it's looking like he'll win the seat of Clacton to do it 13:07

     Soccer:
    Colombia have cruised to a 3-nil win over Costa Rica in Group D and booked their spot in the Copa America football quarterfinals 13:07

     Law and Order:
    Police have stopped boy racers in their tracks, at gatherings across the Wellington region 12:27

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