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Wellington Drive Technologies makes maiden profit

The retail food and beverage industry specialist's foray into IoT is paying off.

Maria Slade Fri, 28 Feb 2020

Energy-efficient motors and internet of things (IoT) company Wellington Drive Technologies has made its first net profit.

The Auckland-based provider of products to the retail food and beverage industry has announced a profit of $450,000 for the year to December, up from a $710,000 loss in

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Wellington Drive Technologies makes maiden profit
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