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Financials & Economy
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AB Foods reports 10% plunge in H1 profit as sugar business loss weighs on results
Challenges in sugar pricing, bioethanol operations, and weather disruptions impact AB Foods’ overall financial performance for the first half.
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Luckin Coffee returns to profit in Q1 2025 with 41% revenue surge
Strong customer growth, same-store sales recovery, and rapid store openings drive Luckin Coffee’s strong quarterly performance.
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Keurig Dr Pepper beats Q1 earnings forecast, driven by strong beverage demand and strategic growth initiatives
Keurig Dr Pepper posts strong Q1 results, fueled by energy drinks demand and strategic advancements, reaffirming solid growth expectations for 2025.
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PepsiCo cuts full-year earnings forecast amid tariff pressures, rising costs, and consumer spending slowdown
PepsiCo lowers its earnings outlook as tariff-related supply chain costs rise and consumer demand weakens in key global markets.
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Nestle India reports 6.5% decline in net profit to US$102.23M
This drop is attributed to factors such as food inflation and moderated urban consumption.