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In the first quarter of 2018, the American company Coca-Cola, the world's largest producer of soft drinks, increased its net profit by 16% in annual terms to 1 billion 370 million dollars. The profit, excluding one-time factors, was 47 cents per share, the analysts had forecast 46 cents per share. The company recorded a decrease in quarterly revenue in annual terms by 16% to 7 billion 630 million dollars due to a change in the structure of relationships with of relationships with the bottlers. Economists had expected the figure at $7.3 billion. In the past quarter, Coca-Cola's sales volume in physical terms grew by 3%.
Samsung Electronics Co Ltd looks forward to the second half of the year as it expects a larger increase in chip demand brought by new smartphone launches. However, the company warned that the coronavirus crisis and trade disputes carry risks. Samsung, ...
China’s industrial firms had seen an increase in profits for two consecutive months. This came as the most rapid pace ever recorded in over a year, suggesting that the country’s recuperation from the novel coronavirus pandemic ...
American multinational automaker Ford Motor Co. (F.N) announced on Thursday that its vehicle sales increased by 3% from April to June in mainland China. It would be the first time that the company's first quarterly sales rose in the world's ...
The National Bank of Canada and Scotiabank reported acceptable second-quarter results on Tuesday. Both banks surpassed analysts’ estimates even though their respective profits suffered from loan-loss provisions due to the novel coronavirus ...
Japan’s Nintendo Co Ltd is posed to rally further, sustaining its decade-high earnings streak. The positive record is expected next week as sales of the recently-released gaming console Switch surged amid quarantine restrictions. Nintendo’s ...
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