New Zealand's Fonterra clocks 3% rise in half-year profit

Fonterra-operative

22/03/2026 19:42

March 23 (Reuters) - New Zealand's Fonterra FCG.NZ reported a 3% rise in its half year profit on Monday, supported by improved returns across its ingredients and food service business channels.

The world's biggest dairy exporter's reported profit after tax was NZ$750 million ($436.05 million) for the six months ended January 31, compared with NZ$729 million reported a year earlier.

($1 = 1.7200 New Zealand dollars)

 (Reporting by Roshan Thomas and Jasmeen Ara Shaikh in Bengaluru; Editing by Chris Reese)

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