Synlait Milk Limited (SM1.AX)
Synlait Milk Limited operates in the Packaged Foods industry of the Consumer Defensive sector, headquartered in Rakaia, CA, NZ. The stock last traded at $0.30, up 1.69% on the session, giving a market capitalisation of $181.0M. Its beta of 0.38 implies it has historically moved less than the broad market.
Synlait Milk Limited, alongside its subsidiaries, operates as a significant global producer and distributor of dairy products. Its widespread market reach extends across China, the broader Asian continent, the Middle East, Africa, New Zealand, and Australia. The company is actively involved in the processing, packaging, and promotion of its dairy offerings. Their diverse product portfolio encompasses liquid milk, various powdered milk formulations, and established dairy items such as cheese and butter. Additionally, they develop specialized nutritional products, including infant and adult nutritional powders, and supply essential dairy ingredients like skim milk powder and anhydrous milk fat, in addition to high-value specialized components such as lactoferrin. Established in 2005, Synlait Milk Limited is based in Rakaia, New Zealand.
Synlait Milk Limited is most often compared with the following Consumer Defensive names: