Arab Today, arab today cocacola reports profit gains in q3
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Coca-Cola reports profit gains in Q3

Arab Today, arab today

Arab Today, arab today Coca-Cola reports profit gains in Q3

Washington - Xinhua

Coca-Cola Co., the world\'s largest soft-drink maker, posted net income of 2.22 billion U.S. dollars, or 0.95 dollars per share for the third quarter of 2011, both 8 percent higher than a year ago, the company said Tuesday in a financial report. The company\'s revenue rose 45 percent to 12.2 billion dollars and the operating income increased by 17 percent to 2.75 billion dollars. The worldwide volume went up 5 percent in the quarter, led by brand Coca-Cola volume growth. The newly-built plants in emerging markets helped boost the sales. \"For a sixth consecutive quarter, we delivered performance results in line with or ahead of our long-term growth targets,\" said Muhtar Kent, the company\'s chairman and chief executive officer. \" Importantly, we accomplished these results during a time of ongoing global market volatility.\"

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