News Column

Coca-Cola Posts Higher Sales, Profit

Oct. 16, 2012

Coca-Cola on Tuesday reported a 4 percent rise in third-quarter net income and sales, boosted by strong expansion in emerging economies.

The world's biggest beverage maker also reported a volume growth of 4 percent during the quarter and 5 per cent this year.

The company said third-quarter net income was $2.31 billion, or 50 cents a share, up from $2.22 billion, or 48 cents, the same period last year.

The company reported particularly strong growth in Thailand (19 percent) and India (15 percent).

Revenue stood at $12.31 billion, 1 percent higher than the third-quarter last year.

Source: Copyright 2012 dpa Deutsche Presse-Agentur GmbH

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