Diet Coke drives profit

Source: Xinhua | 2018-07-26

Coca-Cola is reporting strong profit and revenue numbers, thanks in part to rising demand for Diet Coke and Coca-Cola Zero Sugar in North America. 

The Atlanta company yesterday posted second-quarter profit of US$2.32 billion. 

Earnings, adjusted for one-time gains and costs, came to 61 US cents per share, a penny better than analysts surveyed by Zacks Investment Research had expected. 

Revenue was US$8.93 billion, which also beat forecasts for US$8.54 billion.