Archives for February 14, 2005

← 2005

International expansion drives growth at APB

A 15-year drive to develop a network of international breweries continues to pay dividends for Singapore's Asia Pacific Breweries, which has reported a 19 per cent increase in profits for the first quarter of 2005.

Bidders emerge for Jinro

Fourteen foreign and domestic companies, featuring some of the biggest names in the global drinks industry, are expected to slug it out for control of Jinro, South Korea's biggest spirit maker.

Southcorp in rude good health as it fends off Foster's

Australian winery Southcorp has reported a 50 per cent increase in net profits for the first half of fiscal 2005, a performance which has allowed the company to reinstate dividend payments for shareholders for the first time in two years and...

Solid performance from SMC in 2004

Beer was the main driving force behind a solid if unspectacular performance from San Miguel Corporation (SMC), the Philippines-based food and drink group, in 2004. But with the performance falling short of many analysts' expectations, and the...

Coke urges US and EU to tackle trade barriers

Companies seeking to do business across the Atlantic face significant hurdles if the United States and European Union do not work to remove non-tariff trade barriers, claimed Coca-Cola chief executive Neville Isdell.