NZ Wine Co tips profit jump after healthy grape harvest

The New Zealand Wine Co is tipping a big jump in profits after a bigger grape harvest and higher export demand.

Net profit for the year ending this month is tipped to rise from a forecast of $78,000 to $980,000. A lift to $1.6 million is predicted for next year.

The NZAX-listed company's brands include Grove Mill, Sanctuary and Redcliffe.