UPDATE 1-Australia’s Treasury Wine rejects report it inflated profits by $200 mln
Treasury Wine Estates rejected on
Thursday a research report that alleged the Australian firm may
have improperly inflated its pretax profits by as much as 50%
over the past two years, or by about A$300 million ($203
million) cumulatively.
Thursday a research report that alleged the Australian firm may
have improperly inflated its pretax profits by as much as 50%
over the past two years, or by about A$300 million ($203
million) cumulatively.
Posted by Reuters