国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Coca-Cola logs sterling results in China

By WANG ZHUOQIONG | chinadaily.com.cn | Updated: 2022-02-11 18:04
Share
Share - WeChat
Coca-Cola launched a marketing campaign during the Lunar New Year to celebrate the Year of the Tiger, to interact with consumers through multiple touch-points, and to increase the brand's competitiveness. [Photo provided to chinadaily.com.cn]

Global beverage giant the Coca-Cola Company delivered a strong performance in the Chinese market last year, driven by robust demand for zero-calorie drinks, with more market share in e-commerce propelling the company's growth globally, its recent fiscal report said.

Coca-Cola's fourth quarter and full-year 2021 earnings results on Thursday showed that compared to 2019, global unit case volume sequentially improved each quarter in 2021, resulting in full-year unit case volume running ahead of the 2019 level.

In the fourth quarter, global unit case volume grew 9 percent year-over-year and Asia Pacific unit case volume grew 11 percent year-over-year for the quarter which was driven by its performance in China, India and the Philippines.

Fourth quarter revenue grew 10 percent year-over-year to $9.46 billion. It was the first quarter in which away-from-home volume was ahead of 2019, while at-home channels remained strong.

The company's revenue in 2021 grew 17 percent to $38.66 billion, operating income grew 15 percent to $10.31 billion, and global unit case volume grew 8 percent.

"We are confident that progress on our strategic transformation has made us a nimbler total beverage company. While the environment remains dynamic, we will build on the momentum from 2021 to drive topline growth and maximize returns," said James Quincey, Chairman and CEO of Coca-Cola.

Globally, Coca-Cola increased its market share in the nonalcoholic ready- to-drink (NARTD) market last year.

Looking forward, the company expects to deliver annual organic revenue growth of 7 percent to 8 percent.

The Coca-Cola Company emerged stronger with its earnings results for the fourth quarter and full-year 2021 exceeding the market expectations. [Photo provided to chinadaily.com.cn]

To build a "Total Beverage Company", the company is reinforcing the competitiveness of its existing brands and is offering new categories and beverages for consumers to choose from.

Its iconic brand Coca-Cola trademark still performs strongly in China. Last year, Coca-Cola China made a breakthrough in venturing into markets for low-alcohol beverages and low-temperature dairy products, demonstrating its product innovation and business development capabilities.

Swire Coca-Cola will build a new facility in Guangdong province. [Photo provided to chinadaily.com.cn]

In addition to brand building and product innovation, Coca-Cola China is working together with its two bottling partners, COFCO Coca-Cola and Swire Coca-Cola, to drive the digital transformation of its supply chain.

At the beginning of this year, Swire Coca-Cola announced its plan to invest 1.25 billion yuan ($196.7 million) to expand its new plant in Guangdong province. It is the single biggest investment ever for Swire Coca-Cola.

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
和政县| 绥芬河市| 类乌齐县| 瑞丽市| 义马市| 余姚市| 喜德县| 当涂县| 怀柔区| 桂平市| 齐齐哈尔市| 南京市| 万全县| 巫山县| 定兴县| 东方市| 互助| 于都县| 皋兰县| 抚顺县| 永城市| 西丰县| 漯河市| 峨眉山市| 磐石市| 海丰县| 腾冲县| 马公市| 松原市| 龙岩市| 成武县| 马公市| 嘉义县| 门源| 邳州市| 潮安县| 保山市| 香格里拉县| 丹东市| 太仓市| 建昌县|