Tuesday, February 9, 2010

Coca-Cola Profit Rises as Sales Gain in India, China (Update1)

By Duane D. Stanford
Feb. 9 (Bloomberg) -- Coca-Cola Co., the world’s largest soft-drink maker, said fourth-quarter profit gained 55 percent as volume sales grew in markets including China and India. The shares rose in early U.S. trading.
Net income increased to $1।54 billion, or 66 cents a share, from $995 million, or 43 cents, a year earlier, the Atlanta- based company said today in a statement. Earnings per share equaled the average of nine analysts’ estimates compiled by Bloomberg.
http://www.businessweek.com/news/2010-02-09/coca-cola-profit-meets-estimates-as-sales-gain-in-india-china.html

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