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Business
Australia’s largest listed winemaker Treasury Wine Estates has staved off the global coronavirus pandemic and crippling Chinese tariffs to report a $250 million net profit for the 2020-21 financial year.
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Business
Treasury Wine Estates shares fell sharply in early trade today after the company reported a 21 per cent fall in earnings for the 2020 financial year.
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The value of shares in Treasury Wine Estates, owner of Penfolds and Wolf Blass, fell sharply today after chief executive Michael Clarke announced his retirement.
A Norwood-based wine company that used near-identical labelling to Penfolds on more than 1 million bottles of wine exported to China and failed to pay damages, has been forced into liquidation.
The world’s largest publicly listed winemaker has announced a huge investment in a winery northeast of Adelaide.
Treasury Wine Estates has raised a glass to shareholders, upping its interim dividend following a 15.1 per cent lift in first-half profit to $201.1 million.
