Synlait's boss says the company's facing its toughest period in 20 years, but hopes a turnaround is near. 

The Canterbury milk processor's posted a half year loss of $80.6 million. 

Revenue rose $32 million to $949 million, while debt soared 88$ to $472 million. 

Chief Executive Richard Wyeth told Mike Hosking the next six months are critical. 

He says they've got the sale of a North Island asset coming up but need to catch up on a backlog for advanced nutrition, then they can focus forward. 

LISTEN ABOVE 

Synlait's boss says the company's facing its toughest period in 20 years, but hopes a turnaround is near.&nbsp;
The Canterbury milk processor's posted a half year loss of $80.6 million.&nbsp;
Revenue rose $32 million to $949 million, while debt soared 88$ to $472 million.&nbsp;
Chief Executive Richard Wyeth told Mike Hosking the next six months are critical.&nbsp;
He says they've got the sale of a North Island asset coming up but need to catch up on a backlog for advanced nutrition, then they can focus forward.&nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

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Richard Wyeth: Synlait CEO on the $80.6 million half-year loss, future of the company

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/ec6bae25-4bef-479b-9bdd-b416013a9dd6/transcript