The Australian soft drink producer Coca-Cola-Amatil has seen its net profit increase by 16.6% in the first half of the year, compared to the same period last year, reaching A$127.7m.

Earnings per share was up 15.2% to 18.2 cents.

The company said in a statement that EBIT increased 12.2% to A$242.6m due to a strong performance in Australia and improved trading in New Zealand, PNG and Indonesia. However, these markets were partially offset by South Korea, which posted a lower contribution.

The home market of Australia posted EBIT growth of 15.4% and margins of 19.7%. The company said it was boosted by  product innovation and growth in non-carbonated drinks.

The company said that South Korea recorded a decline in EBIT to A$12.8m. However, it added that it had made good progress in addressing the problems.

CCA said its interim share dividend increased by 25% to 12.5 cents.