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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
3 mins to read

Another half in the red for Comvita

The honey producer wants to raise funds to reduce gearing.

Andrew Bevin Thu, 27 Feb 2020

NZX-listed honey producer Comvita has spent another half in the red, bleeding $13 million in a “hugely disappointing” six months to December 31 2019.

While revenue grew $16.1m to $93.9m, it wasn’t enough to offset increased spending. Cost of sales jumped almost $10m and selling and

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Andrew Bevin Thu, 27 Feb 2020
Contact the Writer: andrew@nbr.co.nz
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Another half in the red for Comvita
General Business,
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