Synlait Milk (SM1.AX) Market Performance
Synlait Milk traded up 5.63 % during the 24‑hour period ending at 05:47 PM Central Europe on Thursday 22 Feb 2026.
- Current price: AUD 0.41 per share.
- Shares outstanding: 597.3 million.
- Market capitalisation: AUD 227 million.
- Volume traded in last 24 h: approximately AUD 64.5 k.
- Year‑to‑date movement: 19.05 % rise since the previous month‑end.
- 200‑day simple moving average: AUD 0.36.
- 52‑week high: AUD 0.67 on 24 Oct 2025.
- 52‑week low: AUD 0.28 on 05 Aug 2026.
Corporate Governance Updates
Synlait Milk Limited announced a change in its board composition:
- Resignation: Tao Zhang has stepped down as a board member.
- New appointment: Ms. Xu Yanqun (Yvonne), former Deputy Finance Director at Bright Dairy, has been appointed as a non‑independent director. The board cited her extensive experience in dairy‑value‑chain finance as an asset for the company’s recovery plan.
In a separate announcement, the company confirmed the permanent appointment of Leon Fung as Chief Executive Officer. Fung, who had been Acting CEO since May, brings a background in dairy production, operations, and market development. The board highlighted his leadership as a stabilising force for Synlait’s recovery roadmap.
Both appointments aim to reinforce governance and operational focus as Synlait continues to pursue its strategic objectives.
Related Stock Performance
The following stocks have shown the following movements in the past 24 hours:
| Symbol | Movement | Current price | Market cap (USD/GBP/EUR) |
|---|---|---|---|
| ECH.AX | 0 % | AUD 0.35 | AUD 78.4 million |
| BRL.AX | +1.27 % | AUD 0.40 | AUD 96 million |
| SKO.AX | –6.67 % | AUD 0.84 | AUD 106.1 million |
| PEB.AX | +2.7 % | AUD 0.19 | AUD 236 million |
| 8UK.F | +1.81 % | EUR 0.44 | EUR 64.3 million |
The New Zealand Rural Land Ltd share has a price‑to‑earnings ratio of 17.13.
Company Overview
Synlait Milk Ltd is a New Zealand‑based company operating in the Consumer Staples sector. The company specializes in the production, processing, marketing, and distribution of dairy‑based food products.