SOUTH AFRICA: Winecorp records favourable headline earnings
Winecorp, the listed Stellenbosch own label wine supplier, registered headline earnings of 9.04 cents a share for the six months to 31 January, up from 4.16 cents for the same period last year. The company's operating profit before exceptional items was R4.4m (US$0.39m) compared with R1.9m for period to January 2001.