‘Every dog has its day’ says shareholder as Wellington Drive eyes profit
Progress put down to better management, new products.
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The longest start-up phase in history could be over for NZX-listed Wellington Drive Technologies, which is poised to report its first ever operating profit, 20 years after launch.
The Auckland-based electric motor maker has burned through $110 million of shareholders’ funds over the last two
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Tim Hunter
Wed, 01 Feb 2017
Wed, 01 Feb 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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‘Every dog has its day’ says shareholder as Wellington Drive eyes profit
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