logo
Share SHARE
FONT-SIZE Plus   Neg

Willamette Valley Vineyards FY12 Net Profit Up 40%

Willamette Valley Vineyards Inc. (WVVI) reported net income of $1.2 million or $0.25 per share for for the full year 2012, compared to $857,755 or $0.18 per share for the full year 2011.

Income from continuing operations for the full year 2012 was $1.4 million or $0.28 per share, compared to $1.4 million or $0.29 per share in the prior year.

Revenues for for the full year 2012 grew 2.4% to $12.53 million from $12.24 million in 2011, mainly due to higher retail sales.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
German lender Commerzbank AG reported a profit in its fourth quarter, compared to last year's loss, particularly benefited by lower loan loss provisions. Chairman Martin Blessing noted that its for the first time in five years that the bank attained a net profit of more than 1 billion euros. Looking ahead, for fiscal 2016, the bank expects a slight increase in net profit from the prior year. Activision Blizzard Inc. (ATVI) on Thursday reported a drop in profit for the fourth quarter, as revenues declined reflecting weak demand for Skylanders SuperChargers and Guitar Hero Live. The video game publisher's profit and revenues fell short of Wall Street estimates. Moving ahead, the company detailed... CBS Corp. (CBS, CBS-A) Thursday reported a drop in profit for the fourth quarter, hurt largely by one-time charges. However, on an adjusted basis, earnings for the three-month period increased on higher revenues across all major segments, except local broadcasting division. The New York-based company's...
comments powered by Disqus
Follow RTT