Can't Russians drink anymore?Coca -Cola Heavy official announcement ...

According to CCTV Finance and Economics quoted today's Russian website reported on June 17, Coca -Cola (KO, $ 59.07/share, a market value of 256.07 billion U.S. dollars) announced that it will "no longer produce or sell other products of Coca -Cola and the company's products". Clear inventory. "

Affected by the upgrading of Russia and Ukraine's conflict, Coca -Cola Company has previously announced plans to suspend business in Russia from March.

Picture source: Daily Economic News Map

At present, Coca -Cola operates 10 factories in Russia, producing soft drinks such as Fenda, Sprite, and a variety of local brand drinks. However, the company has not stated whether its Russian brand will be sold or terminated.

It is understood that Coca -Cola began to produce in Russia in 1992. The official website data shows that it has 7,000 employees in Russia.

According to the previous news of China News Service, early March this year, Coca -Cola Company announced a suspension of suspension in Russia. In May, the company's chief executive James Quinxi said it did not rule out the possibility of completely withdraw from the Russian market. Another well -known carbonated beverage manufacturer Pepsi announced that it will suspend the sales of Beshang, Qixi and Meina brand in Russia and stop related advertising activities.

Public information shows that Coca -Cola Company released the first quarter of the 2022 financial report on April 25. The financial report shows that the first quarter revenue of Coca -Cola Company was US $ 10.491 billion in the first quarter, an increase of 16%year -on -year, exceeding the market expectations of US $ 9.83 billion; operating profit was US $ 3.405 billion, a year -on -year increase of 25%; net profit was 2.793 billion US dollars, a year -on -year increase of 24% ; Earnings per share were $ 0.64, an increase of 16%year -on -year, higher than the market expectations of $ 0.58.

Daily Economic News Comprehensive CCTV Finance, Chinanews.com, Public Information

Cover Map Source: Daily Economic News Data Map

Daily Economic News

- END -