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Treasury Wine Estates Limited (TWE.AX)

ASX - ASX Delayed price. Currency in AUD
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12.19+0.04 (+0.33%)
At close: 04:10PM AEDT
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  • Simply Wall St.

    Treasury Wine Estates First Half 2024 Earnings: EPS Beats Expectations

    Treasury Wine Estates ( ASX:TWE ) First Half 2024 Results Key Financial Results Revenue: AU$1.31b (flat on 1H 2023...

  • Bloomberg

    Penfolds Maker to Divert Wines to China Should Tariffs End

    (Bloomberg) -- Treasury Wine Estates Ltd. is planning to reallocate a portion of its Penfolds Bin and Icon wines from other global markets to China once Beijing lifts crippling tariffs on Australian exports.Most Read from BloombergJapan Loses Its Spot as World's Third-Largest Economy as It Slips Into RecessionIsrael Quits Ceasefire Talks Over ‘Delusional’ Hamas DemandsTrump Eyes NATO Makeover, Hurried Peace in Ukraine If ElectedThe Brutal Reality of Plunging Office Values Is HerePutin Steps Into

  • Reuters

    Treasury Wine says it is ready to ship Australian bottles to China

    (Reuters) -Shares of Treasury Wine Estates shot to a three-month high on Thursday after the company, one of the world's biggest wine makers, said core profit met expectations and it was ready to resume shipping Australian wine into China. China accounted for one-third of Treasury's profit before Beijing imposed tariffs on Australian wine in 2020, effectively ending shipments. However, relations between Canberra and Beijing have improved and the Australian government and wine industry expect the tariffs to lift in the coming weeks.