The world's largest maker of soft-drinks, Coca-Cola Co, revealed that its fourth-quarter earnings managed to rise by as much as 55%, mainly sales volumes rapidly grew in markets like China and India. On the news, shares of the company gained in early American trading.
Official figure shared have confirmed that net earnings for the quarter increased to $1.54 Billion, or 66 cents per share, from last year's figure of $995 Million, or 43 cents a share. Earnings per share have managed to match the expectations pegged by 9 analysts polled by Bloomberg.
Revenue, on the other hand, also managed to increase by 5.4% to $7.51 Billion.
It has been revealed that sales by case volume surged by 29% in China and 20% in India, which helped boost global volume by 5%, which managed to overshadow the falling volume sales in North America.
Before regular trading on the New York Stock Exchange began, shares of the company added 86 cents to hit $53.51.












