Listed beverage manufacturer Charlie's is considering making some of its drinks in Asia and the Middle East in order to be closer to its export markets.
Charlie's is forecasting a profit of between $2.2 million and $2.4 million for the year to June, a turnaround from last year's loss of $925,000.
That includes a one-off $1.2 million gain from the sale of its Henderson site.
Charlie's currently makes all its drinks in New Zealand and Australia, and exports to 14 countries.
Chief executive Stefan Lepionka says the group is considering opportunities to license its products to contract manufacturers in South Korea, its biggest export market, as well as the Middle East.
He says there is the potential to double, and even triple, the company's market share throughout Asia.
Mr Lepionka says the group's Phoenix natural cola drink is the most popular with Asian consumers, while they are also interested in the health properties of feijoa juice, which is marketed as having a high vitamin C content.
Gross sales rose 1.7% on last year, with double-digit sales growth in Australia and the other export markets. However, New Zealand sales fell.
