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Comvita’s not so sweet $6m projected loss

Shares fell 10.5% to $3.75 after its update on the NZX this morning.

Dane Ambler Mon, 06 May 2019

Natural health products company Comvita has warned the market it expects a $6 million loss for the year to June 30, after a third straight season of poor honey harvests.

Its shares fell 10.5% to $3.75 after its announcement on the NZX this morning.

The company says while honey production per

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Comvita’s not so sweet $6m projected loss
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