Mexican soft drinks bottler, Pepsi-Gemex, posted a net loss of MXN20m in the third quarter to the end of September 2002, against a net profit of MXN1m in the corresponding period last year. Sales revenues at the company rose from MXN3.043 billion to MXN3.098 billion but operating profit fell from MXN312m to MXN283m.

Total revenues for the first nine months of 2002 rose by 6.6% to MXN9.168 billion while gross profit increased by 9.2% to MXN5.302 billion. Operating income rose by 14.4% to MXN1.068 billion. EBITDA for the first nine months was 13.6% up at MXN1.546 billion.