NZ Wine Co profit rises

Friday 9th August 2002

The New Zealand Wine Company, formerly Grove Mill Wines, posted a 43% higher, $1 million, June-year profit on revenue of $6.8 million and said its 1227 tonne 2002 harvest was up 48%.

It announced a one-for-eight rights issue at $2 to fund expanded winery capacity, working capital and vineyard development.

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

Air New Zealand 2025 Annual Results Webcast Details
FPH provides Investor Event presentation
Tower to discontinue multi-policy discounts
July 23rd Morning Report
July 22nd Morning Report
GEN - Equifax reaffirms General Finance Limited's BB rating
Scott Technology Investor Day - Auckland, 11 September 2025
July 21st Morning Report
July 18th Morning Report
July 17th Morning Report