Winecorp reported net profits for the period of R2.2m ($275,344), compared
with a R8.9m ($111,389) loss for the same period in 1999.
SOUTH AFRICA: Winecorp turns negatives to positive net profits
Stellenbosch-based wine producer and exporting company Winecorp has seen its loss-making business jump into profit for the six month period to the end of January compared to the same period in 1999. The company attributed the gains to an increase in sales and the benefits of restructuring.