CANADA: Magnotta Winery Corporation Announces First Quarter Results

By Company Press Release | 28 June 2000

Magnotta Winery Corporation is pleased to report continued growth and earnings for the three month period ended April 30, 2000. Gross sales increased by 10.8% to $4,747,712 from $4,284,600 and net sales increased by 9.9% to $3,460,793 from $3,149,330 compared to the corresponding three month period ended April 30, 1999.

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Magnotta Winery Corporation is pleased to report continued growth and earnings for the three month period ended April 30, 2000. Gross sales increased by 10.8% to $4,747,712 from $4,284,600 and net sales increased by 9.9% to $3,460,793 from $3,149,330 compared to the corresponding three month period ended April 30, 1999.

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