TWE treasury wine estates limited

News: TWE Australia's Treasury Wine posts 17.1 pct rise in HY profit

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    Feb 13 (Reuters) - Australia's Treasury Wine Estates Ltd (TWE) , the world's largest standalone winemaker, said on Thursday first half net profit rose 17.1 percent as surging sales to its biggest market, China, overcame a slowdown in consumer spending.

    The owner of the Penfolds, Beringer and Wolf Blass labels reported net profit of A$219 million ($155.21 million)for the six months to Dec. 31. Analysts' forecasts called for a rise in net profit of about A$231 million.

    Pre-tax profit was A$338.3 million, within the guidance it gave on Jan. 21 of between A$335 million and A$340 million.

    ($1 = 1.4110 Australian dollars)

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$7.65
Change
0.000(0.00%)
Mkt cap ! $6.207B
Open High Low Value Volume
$7.66 $7.68 $7.58 $19.69M 2.585M

Buyers (Bids)

No. Vol. Price($)
2 8346 $8.41
 

Sellers (Offers)

Price($) Vol. No.
$6.89 1966 1
View Market Depth
Last trade - 15.59pm 11/09/2025 (20 minute delay) ?
TWE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.