Moa narrows 1H loss, reiterates break-even target

Wed, 28 Nov 2018

By Gavin Evans Nov. 29 (BusinessDesk) - Brewer Moa Group reported a slightly narrower first-half loss on improved sales and reduced administration and marketing costs. The firm is aiming to break-even at the operating level in the current six months. Today it reported a $1.4 million loss for the half-year through September, compared with a $1.5 million loss a year earlier. Net revenue, after excluding excise, was marginally higher at $4.6 million, reflecting the end of a distribution deal with Parrot Dog late last year. Including ex...

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