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US: Sales, profits slip but volumes rise in Q1 for Coca-Cola Co

2014-04-15 15:41:00| Daily beverage news and comment - from just-drinks.com

The Coca-Cola Co has seen the first quarter of this year mirror its performance in 2013, with sales and profits dipping as volumes held firm.

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PHILIPPINES: San Miguel Brewery FY profits slip as duty rate bites

2014-03-28 12:10:00| Daily beverage news and comment - from just-drinks.com

San Miguel Brewery has blamed high duty rates for dragging down its full-year volumes, while profits also slipped.

Tags: rate san duty philippines

China Mobile's profits slip 6%

2014-03-21 02:12:00| Telecompaper Headlines

(Telecompaper) China Mobile's net profit for 2013 was down 5.9 percent at CNY 121.7 billion due to infrastructure and business investments during the year. Revenues grew 8.3 percent to CNY 630.2 million, which includes CNY 590.8 billion in telecommunications services revenues, up 5.4 percent year-on-year. Voice services revenues were slightly down at CNY 355.7 billion but data services revenues were up at CNY 206.9 billion. Other telecommunications services revenues grew to CNY 28.2 billion. EBITDA slipped 5.2 percent to CNY 240.4 billion and EBITDA margin stood at 38.2 percent, down by 5.4 percentage points. Capex in 2013 totalled CNY 184.9 billion and for 2014 the company has earmarked CNY 225.2 billion. China Mobile ended the year with 767 million mobile customers, up 8 percent from 2012, which includes 191.62 3G subscribers.

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