Brief: Wellington Drive Technologies Sees Revenue For FY2021 About US$47M

Aofrio

15/12/2021 06:11

Dec 15 (Reuters) - Wellington Drive Technologies Ltd
 WDT.NZ :
    * REVENUE FOR FY2021 IS EXPECTED TO BE APPROXIMATELY US$47M
    * SEES  EBITDA BEFORE UNUSUAL ONE-OFF ITEMS NZ$3.9M FOR
FY2021
    * REVENUE IS EXPECTED TO CONTINUE GROWING STRONGLY IN FY2022
    * FORECASTING GROWTH OF 25% TO AROUND US$60M IN REVENUE FOR
FY2022
    * MANUFACTURER IS ADDING CAPACITY TO ITS FACTORY IN VIETNAM

Further company coverage:  WDT.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))