Synlait Milk Ltd traded at 0.53 this Thursday February 5th, increasing 0.01 or 1.92 percent since the previous trading session. Looking back, over the last four weeks, Synlait Milk gained 15.87 percent. Over the last 12 months, its price fell by 10.17 percent. Looking ahead, we forecast Synlait Milk Ltd to be priced at 0.62 by the end of this quarter and at 0.58 in one year, according to Trading Economics global macro models projections and analysts expectations.
Synlait Milk Limited is a dairy processing company. The Company is engaged in manufacturing of nutritional solutions, value added products and specialty ingredients. It manufactures and sells milk powder and milk powder-related products. It manufactures specialized milk powders for infant formula manufacture and base pediatric powders for blending into finished infant formula, and finished infant formula products. Its products include infant and adult nutritional formulations, functional food ingredients and specialized products. The infant nutritional powder is a nutritional product. The ingredient products include whole milk powder, skim milk powder and anhydrous milk fat. The specialty product is synlait lactoferrin. The Company has 140,000 metric tons of annual production capacity and packages upto 30,000 metric tons of canned infant formula. It exports its products around the world to Asia, Middle East and Africa and other regions. Its subsidiary is Synlait Milk Finance Limited.