JAPAN: Net loss higher than forecast at Pokka

By just-drinks.com editorial team | 5 April 2002

Japanese soft drinks group, Pokka Corp, posted a net loss for the year to the end of March 2002 of Y5.4 billion ($40.7m/EUR46.3m), higher than its forecasted net loss figure of Y3.4 billion ($25.6m/EUR29.1m). The company attributed the increased loss to a sharp decline in its canned coffee sales.

The Nagoya-based company posted turnover of Y107 billion ($807.6m/EUR917.2m), some Y2.9 billion ($21.8m/EUR24.8m) lower than the company's forecast in November 2001.