11th August 2022

Swire Pacific Limited Announces 2022 Interim Results

Swire Pacific announces 2022 interim results. Below is the performance highlights of Swire Coca-Cola:

  • Swire Coca-Cola made an attributable profit of HK$1,152 million in the first half of 2022, a 22% decrease from the first half of 2021. The results were adversely affected by COVID-19 related travel and social restrictions in the Chinese Mainland, Hong Kong and Taiwan, and by higher raw material costs.
  • Total revenue (including that of a joint venture company and excluding sales to other bottlers) increased by 0.5% to HK$26,592 million.
  • Sales volume decreased by 8% to 896 million unit cases.
  • Profits increased by 34% and revenue grew by 13% in the USA. In the Chinese Mainland and Hong Kong, revenue and volume declined. Revenue grew but volume declined in Taiwan.

For more information:  https://www.swirepacific.com/en/media/press/p220811a.pdf