Comvita forecasts another annual loss

Comvita's board is looking at further cost cutting. (Image: Comvita)

Mon, 16 Jun 2025

Manuka honey company Comvita is forecasting a net loss before tax of between $20 million and $24m for the June 2025 year, excluding any impairment, which was substantial last year.The Comvita board announced it needed to take more action to reduce the company’s debt.Comvita’s net loss before tax for the year ending June 30, 2024, was $21.6m. That doesn’t include an impairment and other asset write-downs, which came to $64.2m. Its restated 2024 net loss before tax was $85.8m. The company expected the level of impairment fo...

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