RESEND: Moa widens full-year loss, gets letter of support from Business Bakery, Pioneer

Mon, 26 May 2014

(Fixes typo in headline) By Jonathan Underhill May. 27 (BusinessDesk) - Moa Group, the boutique beer maker which raised $16 million when it went public in 2012, posted a wider full-year loss and said major shareholders Pioneer Capital and the Business Bakery have committed to providing enough financial support to allow the company to keep operating for at least the year ahead. The net loss was $5.8 million, or 19.2 cents a share, in the 12 months ended March 31, from $1.9 million, or 7.3 cents a year earlier, the Auckland-based company...

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