Coca-Cola Pakistan has reported an 18 percent growth in sales during the second quarter of 2022.
According to data shared by Bloomberg journalist Faseeh Mangi, the sales of Coca-Cola went up by 18 percent, the sales of Fanta registered an increase of 22 percent while Coca-Cola Zero Sugar almost tripled its sales. Further, the stills category registered a decrease of 17 percent due to lower juices sales.
Coca Cola in Pakistan 🇵🇰
ðŸ’Pakistan sales grew 18% in 2Q, that’s after 20% jump a year ago
ðŸ’Coca-Cola 18% and Fanta 22%
ðŸ’Coming from a low base, Coca-Cola Zero Sugar almost tripled its sales
ðŸ’Stills category down 17% due to lower juice sales pic.twitter.com/XElNhck4u7— Faseeh Mangi (@FaseehMangi) August 10, 2022
The Coca-Cola Company recently reported second-quarter 2022 results. Net revenues grew 12 percent to $11.3 billion, and organic revenues (non-GAAP) grew 16 percent.
Organic revenue (non-GAAP) performance was strong across operating segments and included 12% growth in price/mix and 4% growth in concentrate sales
Unit case volume grew 6 percent, driven by broad-based growth across all operating units. Volume performance was led by strong growth in Western Europe, Turkey and Pakistan.
Follow ProPakistani on Google News & scroll through your favourite content faster!
Support independent journalism
If you want to join us in our mission to share independent, global journalism to the world, we’d love to have you on our side. If you can, please support us on a monthly basis. It takes less than a minute to set up, and you can rest assured that you’re making a big impact every single month in support of open, independent journalism. Thank you.
