TWE treasury wine estates limited

News: TWE Australia's Treasury Wine posts higher annual profit

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    Aug 19 (Reuters) - Treasury Wine Estates (TWE) posted a 1.9% rise in full-year profit on Thursday, as the world's biggest listed winemaker ramped up its business outside China to cushion a hit from hefty tariffs in the lucrative market.

    Net profit attributable for the year ended June 30 rose to A$250 million ($180.95 million) from A$245.4 million reported last year. It missed a Citi estimate of A$313 million.

    ($1 = 1.3816 Australian dollars)

 
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Last
$7.79
Change
-0.050(0.64%)
Mkt cap ! $6.321B
Open High Low Value Volume
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