Weekly Review on Coca-Cola Amatil (15/8-21/8)
Coca-Cola Amatil released its first half financial result on the 21st of August. Its share price, which has fallen 2.951% since 14th of August, rose as much as 8.070% in the morning before closing up 2.690% at $8.780.
Although the result was not extraordinary, Coca-Cola Amatil net profit increased 0.9% to $183.9 million when compared with the same period last year. Furthermore, its trading revenue rose 4.9% to $2.450 billion and the earnings per share rose 0.9% to 24.1 cents per share. The interim dividend will be 20.0 cents, franked at 75%, which is in line with the dividend I estimated two weeks back.
The main reason of the rise of Coca-Cola Amatil share price on Friday is because it has achieved
Coca-Cola Amatil released its first half financial result on the 21st of August. Its share price, which has fallen 2.951% since 14th of August, rose as much as 8.070% in the morning before closing up 2.690% at $8.780.
Although the result was not extraordinary, Coca-Cola Amatil net profit increased 0.9% to $183.9 million when compared with the same period last year. Furthermore, its trading revenue rose 4.9% to $2.450 billion and the earnings per share rose 0.9% to 24.1 cents per share. The interim dividend will be 20.0 cents, franked at 75%, which is in line with the dividend I estimated two weeks back.
The main reason of the rise of Coca-Cola Amatil share price on Friday is because it has achieved