Singapore-based beverage heavyweight Yeo Hiap Seng (Yeo’s) has predicted a challenging year ahead after reporting a near doubling in profits but a significant overall drop in revenue, citing ongoing inflation and soft consumer spending as key factors.
Japanese beer giant Asahi is hopeful that its recently-completed large-scale group restructuring strategy to establish individual regional headquarters will maximise its competitive advantages across its four major markets.
PepsiCo’s net sales declined for the first time since the start of the COVID pandemic due to lower volumes as consumers pushed back against higher prices, and supply-chain issues, the company reported Friday in its fourth quarter and 2023 full-year results.
Beverage heavyweight Kirin Holdings has outlined plans to implement ‘aggressive measures’ across beer and sugar-free innovation, to recover from the negative impact of cost increases.
Asahi’s star-performing beer product Asahi Super Dry has helped to sustain the firm’s profitability and international growth even amid cost setbacks at its new domestic brewery in Tosu.
Beer heavyweight Carlsberg Malaysia has decided to persist with its portfolio premiumisation strategy and a new Sapporo partnership despite concerns over ‘weak’ consumer sentiment and diminished profitability in the third quarter of 2023.
The Coca-Cola Company continues to invest in sustainable packaging through its World Without Waste program and digital capabilities to fuel future growth, executives shared during the company's third quarter 2023 earnings call this morning.
PepsiCo released its 2023 third quarter fiscal year report and beat Wall Street estimates, citing increased demand for smaller-sized snacks and healthier options, as the company faces challenges from PRIME in the sports drink category and anticipates...
Monster Beverage Crop. could raise prices again in the coming fiscal year as it looks to expand into several product categories and address rising costs for manufacturing and distribution, company Chairman and Co-CEO Rodney C. Sacks shared during a webinar...