Crimson Wine Group, Ltd posts $1.08 million annual profit

Crimson Wine Group, Ltd [CWGL]  has posted annual profit of $1.08 million for the year ended Dec 31,2022.

The company based in California(CA)reported a fellin revenue to $74.24 milion for the year when compared to $68,918 million in the previous year.

A filing from the company with the Securities and Exchange Commission on Mar 13,2023 showed that its revenue is  down 99.89% year-over-year.

The company reported basic earnings per share of $0.05 and diluted earnings per share of $0.05.

Crimson Wine Group, Ltd operates in the Beverages sector.