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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Coca Cola Amatil Limited | ASX:CCL | Australian Stock Exchange | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 13.30 | 13.29 | 13.31 | 0.00 | 01:00:00 |
From May 2019 to May 2024
By Mike Cherney
SYDNEY--Australian bottler Coca-Cola Amatil Ltd. reported a first-half loss as consumers shifted to lower-margin products in response to economic headwinds from the coronavirus pandemic.
The company reported a statutory net loss of 9 million Australian dollars ($6.5 million), which reflected non-trading items relating to its Indonesian, Fijian and Samoan business. It reported net profit of A$168 million in the prior year.
Group trading revenue fell 9.0%. Stripping out the one-time items, net profit was down 35% to A$112 million.
The company declared a dividend of 9 Australian cents per share.
The bottler didn't provide earnings guidance for the rest of the year due to uncertainty from the pandemic.
Write to Mike Cherney at mike.cherney@wsj.com
(END) Dow Jones Newswires
August 19, 2020 19:36 ET (23:36 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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