AUSTRALIA: Southcorp posts A$922.9m loss

By just-drinks.com editorial team | 2 September 2003

The troubled Australian wine group, Southcorp Ltd, has reported a net loss for the year to the end of June 2003 of A$922.9m (US$599.3m), against a net profit last year of A$312.7m.

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The troubled Australian wine group, Southcorp Ltd, has reported a net loss for the year to the end of June 2003 of A$922.9m (US$599.3m), against a net profit last year of A$312.7m.