The New Zealand Wine Company profit up

The New Zealand Wine Company has reported a profit of $413,000 for the half year to December, up 4.1 per cent on the same period the previous year.

Chairman Mark Peters said this was mainly due to a 9.8 per cent rise in gross revenue, to $4.62 million.

"Such volume of sales, even despite the high dollar levels, have enabled the company to continue to invest in brand building," Peters said.