Marlborough Wine Estates Group Limited (NZX.MWE) has completed its 2022 harvest, with volumes 12% higher than expected.
The company is now projecting a net profit after tax of between $0.3m to $0.4m for the financial year ending 30 June 2022, despite the challenges of the COVID-19 pandemic and related restrictions.
International demand for New Zealand wines remains strong and MWE is projected to further increase its branded wine sales.
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