Can Mineral Exploration and Project Development Support Taiko Critical Minerals' Growth?
Taiko Critical Minerals Advances Critical Minerals Opportunities
Synlait Milk Limited (NZX:SML) reported a challenging FY26, but its second-half performance showed a marked improvement as Manufacturing stability returned. Revenue for the year reached NZ$1.94 billion, while reported EBITDA came in at NZ$8.1 million and reported NPAT was a loss of NZ$75.4 million. The first half was heavily affected by the cost and operational impact of manufacturing issues experienced in 2025. However, second-half execution improved as Manufactured in Spec increased from 91% to 95% and plan attainment rose from 90% to 103%. This translated into a second-half EBITDA of NZ$42.8 million and a NZ$5.2 million net profit, indicating that Synlait’s recovery programme is beginning to translate into financial improvement.
How Did Synlait’s Operations Improve in the Second Half?
Taiko Critical Minerals Advances Critical Minerals Opportunities
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Synlait Milk Limited (NZX:SML) reported a challenging FY26, but its second-half performance showed a marked improvement as Manufacturing stability returned. Revenue for the year reached NZ$1.94 billion, while reported EBITDA …
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