True face of China -- A Modern Kaleidoscope Message Board

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Strategies & Market Trends : True face of China -- A Modern Kaleidoscope

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To: RealMuLan who wrote (3724)	7/17/2008 12:45:57 PM
From: RealMuLan	Read Replies (1) of 12464

[Read this, Coca cola made much much more money overseas. The profit margin is from 77% to 145% higher overseas than in the N. America! And I would like to see their profit margin in China. My guess is that it is HIGHER than it is in Latin America.] "Sales have been rising in China, India, Russia, Brazil, Eastern Europe, Turkey and the Philippines, led by the company's flagship Coca-Cola, then-President Kent said during a conference call in April. Kent took over as chief executive officer July 1 for Neville Isdell, who remains chairman. Profit Margins The operating-profit margin in North America, the company's largest market, was 22 percent last year, which compares with 39 percent in the division that includes North Asia and the Middle East and 54 percent in Latin America. Each division accounts for almost a quarter of total operating profit. " bloomberg.com

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