Coca-Cola bottler adding fizz to Beijing’s recovery


Mammoth market: A lion dance troupe performs at the inauguration of the Coca-Cola global innovation and technology centre in Shanghai. China’s Swire Coca-Cola is the fifth largest bottling group in the Coca-Cola system globally. ─ AFP

BEIJING: Swire Coca-Cola Ltd, a bottler of Coca-Cola beverages, will add more investment to advanced production lines, digital supply chains and e-commerce channels in China to maintain robust growth, a senior executive said.

Thanks to the country’s effective control of Covid-19 and quick economic recovery, especially in the area of consumption, Swire Coca-Cola saw its sales revenue grow by 2% on a yearly basis to 38.15 billion yuan (US$5.86bil or RM24.10bil) in 2020.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Sasbadi reports highest ever quarterly revenue
Aneka Jaringan leverages order book for growth
Chin Hin Group to develop two lands with combined GDV of RM1.08bil
CLMT 1Q net profit rises to RM33.49mil on higher occupancies, positive rental reversions
Ringgit ends marginally lower on firmer US dollar index
MoF: Govt to establish high-level facilitation platform to oversee potential, approved strategic investments
Meta Bright signs RM24mil leasing contract with Australia company
OCR Group to develop RM313mil residential project in Rawang
Legacy Credit emerges as substantial shareholder in VCI Global
Fajarbaru wins RM252mil contract from WCT

Others Also Read