De Bortoli Wines records $4.5m loss

De Bortoli Wines, one of Australia’s largest family-owned wine groups, has sunk to a $4.526 million loss for fiscal 2015 after poor investments in mining and resources stocks dragged it into the red despite stronger earnings from its core wine business as the lower dollar improved export margins.
The winery, led by managing director Darren De Bortoli, rode a bullish sharemarket a year earlier that helped it post a profit of $11.4m in 2014, bolstering the family business at a time when the wine sector was suffering from a high dollar.