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Cola
Coca Inc has unveiled its best sales growth in almost
nine years on the back of surging sales of Coca Cola in
China and India. During the second quarter of the year,
Coca Cola''s sales rose 19 per cent compared with the year
before.
Sales
of soft drinks in China such as Diet Coke and Qoo, a vitamin
C children''s drink, represented the best-performing part
of the group''s business. However, sales of carbonated
drinks in America slipped 3 per cent during the period.
A
company spokesman blamed the performance in its home country
partly to being forced to increase prices to absorb higher
aluminium and sugar costs. While both commodities have
fallen this year, the company still suffers from a lag
effect of the higher prices in 2006.
Coke
Zero, the no-calorie drink launched by the company in
the United States two years ago, has enjoyed a 10 per
cent rise in sales over the period.
Overall,
Coca-Cola reported a net income rise of just 1 per cent
in the three-month period at $1.85 billion, bringing net
income for the half-year up 6 per cent to $3.11 billion.
The
Coca-Cola Company, including its bottlers, employs about
55,000 people, 44,000 outside the United States
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