Good Spirits Hospitality's covid cost: $5.8 million loss

Mon, 28 Sep 2020

Good Spirits Hospitality’s results reflect the impact of covid-19, with the bar group reporting a $5.8 million loss after booking a small profit in 2019.Good Spirits, which owns and operates bars including Danny Doolan’s and Citizen Park in Auckland, told the NZX it wouldn’t pay a dividend.It first had to close its outlets in Auckland and Hamilton in March due to the nationwide lockdown. Its Auckland venues were closed again in August.Its after tax loss included a $4.9 million impairment of goodwill. The listed company said th...

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