Rising costs clip Independent Distillers’ Australian earnings

Independent Distillers’ profits dipped a fraction across the Tasman in the past financial year as rising costs bit into earnings.

Accounts for Independent’s operations in New Zealand are not made public, but documents filed with the Australian Securities and Investments Commission show Independent Distillers (Australia) Pty Ltd’s annual net profit to September 2005 was A$16.05 million, compared with A$16.12 million the previous year.

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