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Article: AUSTRALIA'S CRANSICK PREMIUM WINES TO PAY SPECIAL DIVIDEND.
- Article from:
- AsiaPulse News
- Article date:
- July 30, 2001
CopyrightCOPYRIGHT 2001 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MELBOURNE, July 30 Asia Pulse - Cranswick Premium Wines Ltd (ASX:CEW) will pay shareholders a special dividend after completing the sale of Haselgrove Premium Wines for about $A19 million ($US9.66 million).
The company also today reported its unaudited sales revenue for the year to June 30 was $A59.8 million ($US30.41 million), a rise of about 14 per cent over the previous year's table wine sales.
An upbeat managing director Graham Cranswick-Smith said today there was strong growth ahead for the company, particularly in the export area, as it focuses on sales at the commercial price level.
Cranswick banked $A19 million ($US9.66 million) from the ...