Fonterra's Profit Drop: Tax Changes and Shareholder Impact

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Thursdays

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Dairy giant Fonterra reports a profit dip, but there's a twist! Despite a 4.3% profit decrease due to tax changes, shareholders get a dividend boost. But brace yourselves, future earnings per share are predicted to fall. Is this a temporary hurdle or a sign of tougher times ahead for the world's largest dairy exporter? Hosted on Acast. See acast.com/privacy for more information.

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