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18 Apr 2024 18:24
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      Home > News > Rural

    Fonterra forecasting another massive loss

    Fonterra is forecasting another massive loss, related to the value of assets overseas


    Fonterra
    Fonterra
    It's forecasting a 675-million dollar loss for this year, after writing down the value of under-performing assets overseas

    © 2024 Newstalk ZB, NZCity

     Other Rural News
     21 Mar: The boss of Fonterra is playing down concerns about the Chinese market
     21 Mar: A good news day for Fonterra shareholders
     21 Mar: Dairy farmers will be breathing a sigh of relief with Fonterra's latest results
     20 Mar: There's bad news for dairy farmers on the eve of Fonterra's half year results -- with dairy prices dropping a further 2.8 percent at the latest Global Dairy Trade auction this morning
     13 Mar: Sheep and beef farmers are looking down the barrel of their worst year in 15 years
     07 Mar: Sheep and goat milk farmers are being left with few options as the sector grinds to a halt
     21 Feb: Dairy prices are up 0.5 percent at the latest Global Dairy Trade auction overnight
     Top Stories

    RUGBY RUGBY
    Former Diamonds coach Lisa Alexander believes Netball Australia will welcome a proposal to include Aotearoa in their Super Netball domestic competition More...

    BUSINESS BUSINESS
    The Reserve Bank may have to make some unpopular decisions More...


     Today's News

    		 Entertainment:
    Nicole Scherzinger's fiancé Thom Evans "can't wait" to marry and start a family with the singer 18:10

     Law and Order:
    Three youths have been caught after a smash and grab burglary in Rotorua this morning 18:07

     Entertainment:
    Alexa Penavega and her husband Carlos are mourning the loss of their daughter after she was "born at rest" 17:40

     Politics:
    German far-right leader Björn Höcke on trial for allegedly using Nazi slogan — his 'extremist' party is one of the country's highest-polling 17:37

     Rugby:
    Former Diamonds coach Lisa Alexander believes Netball Australia will welcome a proposal to include Aotearoa in their Super Netball domestic competition 17:27

     Law and Order:
    Auckland's Police are investigating reports of a robbery at an Onehunga shop 17:27

     Cricket:
    A chance for Black Caps newcomers to shine in tomorrow morning's first T20 against Pakistan at Rawalpindi 17:17

     Entertainment:
    Meghan, Duchess of Sussex has launched her lifestyle brand American Riviera Orchard with jars of jam 17:10

     International:
    A woman's place is in the sumo ring 16:47

     Entertainment:
    Prince Harry could reportedly face a bill of more than £1 million over his security funding court fight 16:40

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