![#](https://e-malt.com/Images/left_top_corner16x200.gif) | E-Malt.com News article: 558
Coopers Brewery, the South Australian brewer, has announced a A$20.2 million profit for the year to the end of June 2002, up form A$4.59 million for the previous year. The company profit was increased by the sale of its Adelaide Maltings subsidiary to grain company, Ausbulk, resulting in a A$16.2m exceptional profit. The company’s turnover rose from A$96.3m to A$123.9m.
Coopers holds about 60% of market sales in South Australia with its Sparkling Ale, Coopers Pale Ale and Coopers Stout brands. In whole Australia, the company has about 2% of market share.
27 January, 2003
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