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Milk group that lost its 'whey' eyes a better future

Synlait Milk believes it can get back to profitability after recording another yearly loss. (Dan Peled/AAP PHOTOS)

A dairy group that has been through tough times after a new asset proved to be a drain and a key customer cut orders is confident it can get back to profitability.

New Zealand's Synlait Milk, which is majority-owned by a Chinese group, says it has learned its lesson and is banking its near-term future on a new Middle East customer after selling the North Island processing facility.

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