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Synlait Milk Ltd (ASX: SM1) is a New Zealand based dairy processing company which produces a range of milk and milk powder related products such as infant formula.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.29% at lunch.
Today Synlait Milk Ltd (ASX:SM1) released its HY report to the ASX for the period ending 31 Jan 2019, could it be the next The a2 Milk Company Ltd (ASX:A2M)?
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went down 0.01% on Tuesday.
The a2 Milk Company Ltd (ASX:A2M) is probably the best dairy company in Australia, and could well go on to outperform the S&P/ASX 200 (INDEXASX:XJO) (^AXJO) again in 2019.
A2 Milk Company Ltd (ASX:A2M) has reported that its profit is up 64% so far in FY19 at its annual general meeting (AGM).
Synlait Milk Ltd (ASX:SM1) released its 2018 financial results to the market today revealing a 89% rise in net profit.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.30% at lunch.
Coming to you live from Melbourne here are today’s headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.34% at lunch.