ARGENTINA: Argentine recession hits Quinsa in Q3

By just-drinks.com editorial team | 14 November 2002

Quinsa, the holding company which owns Argentina's leading brewer, Quilmes, posted a net loss for the third quarter of $17m as the Argentine recession hit consumer demand. The net loss after tax for the nine-month period was $64m, against a net profit in the first nine months of 2001 of $25.1m.

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Quinsa, the holding company which owns Argentina's leading brewer, Quilmes, posted a net loss for the third quarter of $17m as the Argentine recession hit consumer demand. The net loss after tax for the nine-month period was $64m, against a net profit in the first nine months of 2001 of $25.1m.

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