Coca-Cola FEMSA Q4 Earnings: Net Income Jumps to $363 Million
Mexico City, Mexico - Coca-Cola FEMSA (KOF) reported a significant increase in net income for the fourth quarter of 2023. The Mexico City-based bottling company announced a net income of $363 million, an increase of 0.45% compared to the same period last year.
On a per-share basis, Coca-Cola FEMSA reported earnings of $1.73. The company's revenue for the quarter reached $3.76 billion.
For the full year, Coca-Cola FEMSA's net income amounted to $1.3 billion, representing an increase of $6.20 per share. Annual revenue was reported at $15.35 billion.
These financial results reflect Coca-Cola FEMSA's ongoing success as a leading beverage company in Latin America and Mexico.