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Coca-Cola Amatil profit slumps 25 pc as soft drink sales drop

2015-02-17 00:11:16| Beverages - Topix.net

CCA has cut 400 jobs as part of a plan to reduce costs by $100 million over three years and reinvest the savings into the business. Coca-Cola Amatil has posted its lowest profit for eight years, with underlying net profit falling 25.3 per cent to $375.5 million in 2014 as CCA's soft drink brands lost sales and market share in supermarkets and convenience outlets in Australia and Indonesia.

Tags: sales soft drop profit

 

Mauritius sugar producer Alteo says profit rises 16 pct in first half

2015-02-16 09:03:07| Sugar Industry News

PORT LOUIS (Reuters) - Mauritius sugar producer Alteo's pretax profit rose 16.7 percent to 1.041 billion rupees ($31.35 million) boosted by a one-off disposal of a stake it held in a hotel company, it said on Thursday.

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Sun Pharma Declines as Regulatory Issue Puts Pressure on Profit

2015-02-16 08:49:03| Chemicals - Topix.net

Sun Pharmaceutical Industries Ltd., India's largest drugmaker, fell in Mumbai trading as quarterly profit came under pressure from efforts to address regulatory issues at one of its factories. Sun Pharma fell as much as 3.5 percent to 907.30 rupees in Mumbai today before trading at 915.25 rupees at 9:34 a.m. local time, the biggest decliner on the benchmark S&P BSE Sensex Index.

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Vitesse Semiconductor seeks to profit from Internet-connected devices

2015-02-16 07:39:38| Semiconductors - Topix.net

"We have been in the business 30 years, doing different things," says Vitesse Chief Executive Christopher R. Gardner. "There's probably not a phone call or an email anywhere that doesn't go across a piece of Vitesse somewhere in the network."

Tags: devices profit seeks semiconductor

 

Kuwait Styrene realizes USD 126 Million net profit in 2014 Sales value exceeds USD 807 million

2015-02-15 12:01:08| Chemicals - Topix.net

The Kuwait Styrene Company announced realizing a net profit of USD 126 million for the fiscal year ending 31 December 2014, in comparison to net profits of USD 180 million during 2013. On this occasion, TKSC Board Chairman Hadi Abul said, "As the only Kuwaiti producer and exporter of Styrene Monomer , the company has continued realizing notable net profits despite a number of challenges, mainly decreasing oil prices and the hike in feedstock costs.

Tags: net sales million usd

 

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