The Chilean soft drinks group, Coca-Cola Embonor, has reported a net loss of CHP3.65 billion (US$5.22m/€4.84m) for the first half of 2003, against a net loss of CHP2.11 billion (US$3.01m/€2.79m) in the first half of 2002.

Embonor attributed the improved performance to increased sales and reduced costs. Revenues were up by 3.5% year-on-year, the company said, rising by 3.2% in Chile, by 1.3% in Peru and by 11.5% in Bolivia.

The company said operating revenues had fallen by 3.7% to CHP115.6 billion (US$165.27m/€153.22m), while operating profits reached CHP8.98 billion (US$12.83m/€11.9m).

Just Drinks Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Drinks Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now