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Financials & Economy
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Ethiopia is ramping up meat exports as revenues climb to US$120M
New transport systems, improved breeds, and expanded markets drive export gains
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Lotte Chilsung Beverage Q2 operating profit rises 3.5% despite drop in domestic sales
International markets drive profit growth as Lotte Chilsung navigates raw material cost pressures and sluggish local demand.
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JDE Peet’s raises 2025 forecast on strong H1 sales, profit despite high coffee prices
The company reports solid half-year growth, driven by strong pricing, cost control, and strategic business realignment.
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Radico Khaitan posts 73% surge in quarterly profit on strong premium spirits demand
Radico Khaitan’s premium offerings boost earnings as consumers in India continue spending on upscale alcoholic beverages.
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Kraft Heinz reports US$8B loss in H1 2025 amid lower sales, US$9.3B impairment charge
Kraft Heinz remains optimistic despite lower sales, citing strategic investments and marketing plans to drive long-term growth.