6th August 2026
Swire Pacific Limited Announces 2026 Interim Results
Swire Pacific announces 2026 interim results. Below are the strategic updates and performance highlights of Swire Coca-Cola:
In the first half of 2026, Swire Coca-Cola continued to make significant investments in production assets, logistics infrastructure, merchandising equipment and digital capabilities.
Investment in Greater China
In late May 2026, two new world-class manufacturing facilities commenced operations in the Chinese Mainland; a state-of-the-art plant in Kunshan, Jiangsu province, and an intelligent green production base in Guangzhou, Guangdong province. Construction of a new facility in Hainan remains underway. These facilities will further strengthen Swire Coca-Cola’s nationwide production and supply network in the Chinese Mainland in support of growth expected from this core market. Swire Coca-Cola continues to advance its RMB12 billion investment plan in new facilities and equipment in the Chinese Mainland over a ten-year period.
In Taiwan region, work continues on the automated storage and retrieval system and a new aseptic line at the Taoyuan facility.
Expansion in South East Asia
Swire Coca-Cola remains optimistic about the long-term growth prospects of its South East Asia markets, supported by favourable demographics, low per capita consumption of sparkling beverages, and positive GDP outlooks, leaving significant opportunity to recruit new consumers and grow consumption over time. Capital expenditure in these markets continued with significant investments in cold drink equipment and production assets, in particular the recent launch of an Affordable Small Sparkling Pack (ASSP) production line in Vietnam earlier this year. In addition, we continue to transfer our Greater China digital and operational expertise and innovations to our South East Asia businesses.
Investing in Digital & AI to Strengthen Long-Term Competitiveness
We are investing in digital & AI capabilities to build an intelligent enterprise powered by modern business processes, trusted enterprise data and a unified digital core. This foundation allows us to scale AI across the organisation, empowering our people with better insights, automating routine activities and enabling faster, higher-quality decision-making. By combining our digital, data and AI capabilities, we are transforming how we operate, strengthening commercial performance and creating a sustainable competitive advantage for the future.
Strategic Updates
In the first half of 2026, Swire Coca-Cola continued to make significant investments in production assets, logistics infrastructure, merchandising equipment and digital capabilities.
Investment in Greater China
In late May 2026, two new world-class manufacturing facilities commenced operations in the Chinese Mainland; a state-of-the-art plant in Kunshan, Jiangsu province, and an intelligent green production base in Guangzhou, Guangdong province. Construction of a new facility in Hainan remains underway. These facilities will further strengthen Swire Coca-Cola’s nationwide production and supply network in the Chinese Mainland in support of growth expected from this core market. Swire Coca-Cola continues to advance its RMB12 billion investment plan in new facilities and equipment in the Chinese Mainland over a ten-year period.
In Taiwan region, work continues on the automated storage and retrieval system and a new aseptic line at the Taoyuan facility.
Expansion in South East Asia
Swire Coca-Cola remains optimistic about the long-term growth prospects of its South East Asia markets, supported by favourable demographics, low per capita consumption of sparkling beverages, and positive GDP outlooks, leaving significant opportunity to recruit new consumers and grow consumption over time. Capital expenditure in these markets continued with significant investments in cold drink equipment and production assets, in particular the recent launch of an Affordable Small Sparkling Pack (ASSP) production line in Vietnam earlier this year. In addition, we continue to transfer our Greater China digital and operational expertise and innovations to our South East Asia businesses.
Investing in Digital & AI to Strengthen Long-Term Competitiveness
We are investing in digital & AI capabilities to build an intelligent enterprise powered by modern business processes, trusted enterprise data and a unified digital core. This foundation allows us to scale AI across the organisation, empowering our people with better insights, automating routine activities and enabling faster, higher-quality decision-making. By combining our digital, data and AI capabilities, we are transforming how we operate, strengthening commercial performance and creating a sustainable competitive advantage for the future.
Performance highlights
- Swire Coca-Cola’s recurring attributable profit in the first half of 2026 was HK$907 million, representing a 5% increase from the same period in 2025. This was mainly driven by robust performance in the Chinese Mainland.
- Attributable profit for the first half of 2026 was HK$846 million. This included a non-recurring loss of HK$61 million, mainly for interest expense associated with a put option liability relating to a potential obligation to acquire further equity interest from certain minority shareholders of TNCC.
- Total revenue (including that of Shanghai Shen-Mei and excluding sales to other bottlers) increased by 10% to HK$24,461 million.
- Sales volume increased by 11% to 1,149 million unit cases. The increase in revenue was mainly attributable to volume growth in the Chinese Mainland, driven by continued investment in emerging channels, together with a recovery in Thailand supported by improving domestic consumption and effective commercial initiatives to mitigate competitive pressures. Growth was broad-based across categories, with solid growth in Sparkling volumes, along with strong momentum in Energy and Water.
- Attributable profit from the Chinese Mainland for the first half of 2026 was HK$727 million, a 24% increase from the first half of 2025. Sparkling and Water revenue increased steadily and there was notable revenue growth in Energy.
- Attributable profit from Taiwan region for the first half of 2026 was HK$61 million, a 42% increase from the first half of 2025. Revenue in local currency terms increased by 9% while sales volume increased by 10% due to the strong growth in Sparkling and Tea, partly benefitting from new product launches, as well as Energy.
For more information: https://www.swirepacific.com/storage/fm/PressRelease/pdf/en/swirepacific-interim-2026.pdf
