Marlborough Wine widens loss 390%, with sales down
The winemaker must decide whether to remain listed under NZX board reshuffle.
Calida Smylie Thu, 05 Oct 2017
NXT-listed Marlborough Wine Estates Group [NXT:MWE] has greatly widened its loss, with sales down, after its main distributor did not honour a sales agreement.
The company made sales of $3.82 million in the year to June 30, 49% lower than the previous year’s $7.42 million, with bulk wine sales
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