It's in the 2011 year end financial statement page 4.
The efforts to date by the various export brokers, wineries and direct buyers from China result in wine being offered to the consumers with 300-500% markups above US retail and it is not uncommon to see a $2 bottle of wine being sold for $30 in China.
BTW, a $2 bottle selling for $30 is a 1400% markup.
CAGR's markup is currently less than 20%.
Please show us where CAGR "advertised" a 300% profit margin. I don't believe I have ever seen that. Thanks in advance.
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