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…
-
Noosa News19 hours agoYoung voices shape Sunshine Coast’s future
-
Business18 hours ago2 Low Cost Active ASX ETFs to consider
-
Noosa News18 hours agoQueensland government to review greenhouse gas emission reduction targets
-
Noosa News15 hours agoCopperString transmission line projected to cost almost $14b amid massive blowout