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 🇵🇰
💭Pakistan sales grew 18% in 2Q, that’s after 20% jump a year ago
💭Coca-Cola 18% and Fanta 22%
💭Coming from a low base, Coca-Cola Zero Sugar almost tripled its sales
💭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.