Major NZ Dairy Company Loses Millions of Dollars as Plant Milk Rises

Dairy giant Fonterra has experienced its second year of losses. The co-operative — which is also New Zealand’s largest company and the world’s largest dairy exporter — has reported a net loss after tax of $380 million. Before the announcement, The Financial Times described Fonterra’s last 18 months as “disastrous,” weighed down by its first-ever […]

The post Major NZ Dairy Company Loses Millions of Dollars as Plant Milk Rises appeared first on LIVEKINDLY.