The net profit of the world’s largest producer of soft drinks Coca-Cola, which falls on the company’s shareholders, in the first nine months of the year decreased by 9% year on year and amounted to 6.291 billion dollars, according to company reports.
Adjusted earnings per share were $ 1.46 against $ 1.6 a year earlier. Coca-Cola’s annual revenue fell from 13% to $ 24.403 billion.
In the third quarter, Coca-Cola’s net profit decreased by 33% compared to the same period in 2019 – to $ 1.737 billion. In terms of per share diluted earnings amounted to 0.4 dollars against 0.6 dollars a year earlier. Revenue fell 9% year-on-year to $ 8.652 billion. The figure exceeded the forecasts of experts who were waiting for it at $ 8.36 billion.
The price of shares of Coca-Cola today is 13.6% lower than at the beginning of 2020, and the profit with revenues of the second quarter fell by a third due to lower sales in restaurants and entertainments in the conditions of a pandemic. At the same time, shares of Coca-Cola are considered to be a […]
The investment company of billionaire Warren Buffett’s Berkshire Hathaway in the II quarter 2020 net income increased due to higher cost of investment after the rise of stock markets and the collapse in the first quarter due to coronavirus pandemic. During the reporting period the company received $ 26.3 billion in net profit to $ […]
Shares continue to fall in the Chinese stock market. Two major Chinese exchanges experienced a sharp decline in prices. One reason for this is the fact of fraud in the local exchange market. It will be recalled that, that the employees of the two major Chinese exchanges in the summer of 2015 are under investigation. […]Next
In the 9th year AD, the Roman proconsul Publius Quinctilius Varus returned to the German provinces with three legions to suppress the rebellion of the tribe. He did it successfully three years earlier – but this time, the enemy has decided to change strategy, and the legions were destroyed. Last cry of Varus is known […]Next
The German company Leoni AG will build a plant in Kolomyja, Ivano-Frankivsk region. This was reported by Dmitry Romaniuk, the head of the department of European integration and the development of tourism in Ivano-Frankivsk Regional State Administration. “The German company Leoni AG will build a new plant in Ivano-Frankivsk region (Kolomyja) and will create 8150 […]Next
The net profit of the world’s largest producer of soft drinks Coca-Cola, which falls on the company’s shareholders, in the first nine months of the year decreased by 9% year on year and amounted to 6.291 billion dollars, according to company reports. Adjusted earnings per share were $ 1.46 against $ 1.6 a year earlier. […]Next
Allseeds group companies challenged in court the decision of the Vizirskyi village council (Odessa region) on the allocation of land for the berths of the “Energo Products Co., Ltd.” company (Odessa) in the Yuzhny sea port. The Comintern District Court of Odessa region (included in Allseeds Group) decided to suspend the decision on the suit […]Next
The fall of the hryvnia will not happen again in the event of a full lockdown, as in March, assured the director of the open markets department of the National Bank Oleksiy Lupin. “We do not expect a repeat of the March events in the foreign exchange market, because in March it was something new, […]Next
The robotics company Miso Robotics has launched the robot Flippy, which is able to replace part of the staff in the kitchen of the restaurant. “Flippy goes on sale in the midst of the pandemic and supports the cooking of 19 different dishes, including fries and burgers made of the artificial meat of the Impossible […]Next
Recently, the Governor of the State of New York spoke with a proposal on the introduction of new banking rules that would have made the system more transparent; reduce the flow of illegal investments. Also, this way the authorities are hoping to protect the banking system from the terrorists. This week Cuomo plans to discuss […]Next
Mriya Agro Holding has received a proposal for the financing of working capital in the amount of $ 50 million to finish the season in 2016, reports the press-service of the company. According to the report, the Mriya company has received an offer from a consortium of current bondholders and from the international investors about […]Next
Amazon is beginning the expansion in the fitness tracker market with the release of its first Halo fitness tracker and fitness app. The offer from Amazon will compete with the existing world leader in the device market – Apple’s smart watch – Apple Watch, with a fitness tracker and a smart watch from Fitbit, which […]Next
According to Forbes, the fortune of the world richest man, the head of the American corporation Amazon, Jeff Bezos, has exceeded a record $180 billion. It is noted that Bezos’ fortune increased because of rising share value of his company Amazon. According to the publication, Amazon’s capitalization reached $1.54 trillion. Thus, Bezos’ fortune (he owns […]Next
According to financial club, Oschasbank agreed with the credit debt of JSC Avangard-Agro (AG) restructuration. The owner of AG is Oleh Bahmatiuk. It was published in the holding quarterly status report in London exchange. According to documents, the amount of debt will be converted in Ukrainian gryvnia by the rate of 25,65 UAH per 1 […]Next
The group of the companies Energy Resources of Ukraine together with its Polish partner the state oil and gas company PGNiG won the tender for gas supply for the GTS Operator of Ukraine. This is stated in the message of the company “ERU Trading”. “ERU Trading was able to offer the most competitive prices thanks […]Next
The Agrofusion agribusiness holding intends to invest $ 50 million in building a plant for processing tomatoes in the Mykolaiv region. This is stated in a message on the site of the Mykolayiv Regional State Administration. “The Agrofusion Company begins construction of a new plant for processing tomatoes in Snigirevskyi district, which will be the largest […]Next
On Monday, the Cabinet of Ministers of the United Kingdom officially announced the implementation of more than 700.000 million shares of the largest national retail bank Lloyds Banking Group total value of which, at the close of the stock market on Friday, estimated at 481 million pounds. Thus, a majority of assets owned by the […]Next
The largest European countries are going to exit quarantine. On Monday, Germany, the Czech Republic, France, Poland, Norway and Denmark are lifting some of the quarantine restrictions imposed to combat the coronavirus epidemic. So, in Germany, it was allowed to open commercial space less than 800 square meters in size. Car dealers and bookstores were […]Next