14 Feb 2014

Synlait to build quality-test lab

12:57 pm on 14 February 2014

Synlait Milk has raised its profit forecast as it commits to building a full service quality testing lab for its products.

The lab will cost $21 million and is expected to be ready by February next year.

The company said it will conduct full microbiological testing using the latest technologies to international standards.

Meanwhile, Synlait said due to a strong performance, it had raised its after-tax profit forecast from almost $20 million to $30 - $35 million for the 2014 financial year.