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Nongfu Spring Makes Major New Investment Amid Profit Pressures - Coca-Cola (NYSE:KO), PepsiCo (NASDAQ:PEP)

Key Takeaways: Nongfu Spring will invest 5 billion yuan with the city of Jiande in Zhejiang province to build a new production base for its drinking water and other beverage products  With gross and net profit margins of 60% and 28%, respectively, the company far outperforms its Mainland Chinese peers in terms of profitability

Nongfu Spring Makes Major New Investment Amid Profit Pressures

Nongfu Spring will invest 5 billion yuan with the city of Jiande in Zhejiang province to build a new production base for its drinking water and other beverage…

FoodBev Weekly News Bulletin – 05/01/2024

FoodBev Weekly News Bulletin – 05/01/2024
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