Coca-Cola Amatil (ASX:CCL) report a loss of $8.7 millionCraig Foley
Coca-Cola Amatil (ASX:CCL) today reported its financial results for the first half of the 2020 financial year reporting statutory net profit after tax was a loss of $8.7 million versus a profit in 1H 2019 where they saw a profit of $168.0 million.
The results come after the write down relating to Amatil’s Indonesian, Fijian and Samoan businesses.
Ongoing NPAT was down 35.3 per cent at $112.1 million in 1H 2020 compared to $173.3 in 1H 2019.
An unfranked interim dividend of 9¢ a share was declared and will be paid on October 13.
Shares in Coca-Cola Amatil (ASX:CCL) are trading 1.52 per cent higher at $9.01.
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Source: Finance News Network