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Coca-Cola Amatil: coronavirus costs business millions – NEWS.com.au
Coca-Cola Amatil says pandemic has cost its business upwards of $150m
Coca-Cola Amatil says the coronavirus pandemic has wiped millions of dollars from the companys value, as lockdown restrictions continue to hurt sales.In a statement to the Australian Stock Exchange on Thursday, the major drinks provider said COVID-19 had prompted the company to record an expense of between $160 million and $190 million for the first six months of its financial reporting period.
The charge is predominantly from impacts to its Indonesian operations throughout the pandemic. The co…
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