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    • Charlie's Group

Charlie's Group Newsletter
  • Charlie's Group makes record profit 02 Apr 2019 13:23 GMT

    Beverage maker Charlie's Group has reported a record annual net profit after tax (Npat) of $33,000, as sales increased by more than half. The result for the year to June 30 compares to a loss of $161,000 in the previous 12 months, with that figure …

  • Sign of a pen sees Kiwi drinks company grow 20-fold 15 May 2019 04:09 GMT

    A small drinks company was tracking along nicely selling its drinks to subscribers until it piqued the fancy of a global beverage firm. With ink to paper the business is now set to increase the scale of its operations by 20 times. Auckland subscription …

  • Asahi's debt for equity swap keeps former Charlie's drinks company afloat 23 Apr 2019 17:33 GMT

    The Better Drinks Co, formerly known as Charlie's Group, has received a capital injection from its parent company Asahi in an apparent debt for equity swap. The move comes amid another financial loss for the company, which the Japanese drinks giant …

  • Asahi's Better Drinks writes off $42m of goodwill 28 Mar 2018 10:44 GMT

    The Better Drinks Co, which includes New Zealand assets bought by Japanese brewer Asahi Group during an acquisition spree in 2011, has taken a $42.3 million impairment to write off all of its goodwill, resulting in an annual loss. Better Drinks includes …

  • New Type of Graphene Sensor Used to Answer a Fundamental Nanotechnology Question 15 Aug 2017 16:40 GMT

    Physicists at the University of Pennsylvania have invented a new type of graphene-based sensor that could one day be used as a low-cost diagnostic system able to test for biomarker molecules, which are indicative of disease states. In collaboration with …

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