Can Moa spread its wings in China?
Plenty of cash being plugged into China. Plus, Pie Funds tries to sell stake.
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Expanding into China is burning through Moa Group’s cash but the beer maker is confident the payoff will be worth it.
Moa widened its loss to $1.5 million in the six months to September 30, from a loss of $1.3 million a year earlier.
Sales rose 29% to $4.5 million, and gross margin widened to
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Calida Smylie
Fri, 01 Dec 2017
Fri, 01 Dec 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Can Moa spread its wings in China?
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