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Coca Cola Losing Fizz in Latin
America!
US soft drink giant Coca-Cola
suffered a 20 per cent drop in
earnings in the second quarter
of the year compared to the same
period last year, announced
FEMSA, the regional branch of
Cola in Latin America.
Coca Cola's net profit from
April to June in Latin America
fell by more than us$19 million.
However, the balance has been
favoured by a non-stop regional
economic recovery, and
favourable seasonal and climatic
conditions.
The company has sizeable market
in Colombia, Costa Rica,
Guatemala, Mexico, Nicaragua,
Panama and Venezuela. It also
operates in the Buenos Aires
area and several Brazilian
states
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