Swire Pacific Limited Announces 2021 Annual Results

Swire Pacific announces 2021 annual results. Swire Coca-Cola performed strongly and continued to pursue its core strategies during the year and made significant investments in production assets, logistics infrastructure, digital innovation and merchandising equipment to support future revenue growth and operational efficiency.

Below are the performance highlights of Swire Coca-Cola:

• Swire Coca-Cola recorded record profits of HK$2,549 million in 2021, a 23% increase from 2020 (when business was severely affected by COVID-19).
• Total revenue (including that of a joint venture company and excluding sales to other bottlers) increased by 20% to HK$54,769 million.
• Sales volume increased by 8% to 1,890 million unit cases.
• Revenue and volume grew in the Chinese Mainland, the USA and Hong Kong. In Taiwan, revenue grew but volume declined.

For more information: https://www.swirepacific.com/en/media/press/p220310a.pdf