TWE treasury wine estates limited

News: TWE Australia's Treasury Wine H1 profit jumps on strong Asian demand

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    Jan 31 (Reuters) - Australian winemaker Treasury Wine Estates (TWE) said on Wednesday that its half-year profit rose 37.4 percent, supported by strong demand in Asia.

    Net profit after tax for the half-year ended Dec. 31 rose to A$187.2 million ($151.3 million) from A$136.2 million a year ago, the company said.

    The world's biggest listed stand-alone winemaker declared an interim dividend of 15 cents per share, up from 13 cents a share a year earlier.

    ($1 = 1.2375 Australian dollars)

 
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