Business
Coca-Cola posts loss due to lockdown closures – NEWS.com.au
Coca-Cola plans bigger online presence after lockdown pain
Soft drink giant Coca-Cola Amatil has been hit hard by business closures and limited trading during the coronavirus pandemic so is planning to increase its presence in e-commerce and online food delivery platforms.The company posted an $8.8 million half year net loss, an about-face from its $168 million net profit for the previous corresponding period.
“We experienced unique, market-wide challenges this half, ranging from Australian bushfires and Indonesian floods through to the COVID-19 pandem…
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